ADI vs Mantle

Mantle (MNT) is 20.4× the size of ADI (ADI) by market capitalisation. Over the past 30 days, ADI is ahead by 8.0 percentage points (ADI -9.3% against MNT -17.3%). Their daily returns move barely in opposite directions (correlation -0.33 across 54 shared trading days). MNT has been the more volatile of the two, at 100% annualised against ADI's 44%.

Correlation: -0.33
Size ratio: 1 : 20.4
Ahead over 30 days: ADI

ADIADI

$8.0400

24h: +0.09%
Market cap: $75.88M
Volume 24h: $5.62M
Volatility (ann.): 44%

MantleMNT

$0.468778

24h: -1.11%
Market cap: $1.55B
Volume 24h: $38.35M
Volatility (ann.): 100%

ADI 4.7%Share of the two combined market caps95.3% MNT

Performance

ADIMNT

7 days+0.00%-8.39%ADI
30 days-9.26%-17.29%ADI

Correlation

-0.33over 54 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.5590d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	ADI	MNT
Max drawdown (400d)	-9.6%	-31.8%
Risk-adjusted return (90d)	0.39	0.06

Relative strength over 90 days: ADI outperformed MNT by 6.6% — measured on the ADI/MNT ratio, so it holds regardless of market direction.

ADI →Mantle →