Argentine Football Association Fan Token vs Galatasaray Fan Token

Galatasaray Fan Token (GAL) is 7.4× the size of Argentine Football Association Fan Token (ARG) by market capitalisation. Over the past 30 days, ARG is ahead by 3.4 percentage points (ARG -11.4% against GAL -14.7%). Their daily returns move loosely together (correlation 0.49 across 29 shared trading days). ARG has been the more volatile of the two, at 31% annualised against GAL's 18%.

Correlation: 0.49
Size ratio: 1 : 7.4
Ahead over 30 days: ARG

Argentine Football Association Fan TokenARG

$0.053536

24h: +0.92%
Market cap: $1.01M
Volume 24h: $98,142
Volatility (ann.): 31%

Galatasaray Fan TokenGAL

$0.821715

24h: +2.20%
Market cap: $7.45M
Volume 24h: $481,333
Volatility (ann.): 18%

ARG 11.9%Share of the two combined market caps88.1% GAL

Performance

ARGGAL

7 days+1.02%-2.20%ARG
30 days-11.35%-14.73%ARG

Correlation

0.49over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4990d: 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	ARG	GAL
Max drawdown (400d)	-15.1%	-14.7%
Risk-adjusted return (90d)	-0.37	-0.82

Relative strength over 90 days: ARG outperformed GAL by 1.6% — measured on the ARG/GAL ratio, so it holds regardless of market direction.

Argentine Football Association Fan Token →Galatasaray Fan Token →