Arsenal Fan Token vs Croatian Football Federation Token

Croatian Football Federation Token (VATRENI) is 7.2× the size of Arsenal Fan Token (AFC) by market capitalisation. Over the past 30 days, VATRENI is ahead by 17.1 percentage points (AFC -24.2% against VATRENI -7.1%). Their daily returns move closely together (correlation 0.63 across 36 shared trading days). VATRENI has been the more volatile of the two, at 73% annualised against AFC's 62%.

Correlation: 0.63
Size ratio: 1 : 7.2
Ahead over 30 days: VATRENI

Arsenal Fan TokenAFC

$0.124781

24h: +0.81%
Market cap: $3.16M
Volume 24h: $193,462
Volatility (ann.): 62%

Croatian Football Federation TokenVATRENI

$1.3000

24h: +0.36%
Market cap: $22.89M
Volume 24h: $3,303
Volatility (ann.): 73%

AFC 12.1%Share of the two combined market caps87.9% VATRENI

Performance

AFCVATRENI

7 days-20.47%-7.09%VATRENI
30 days-24.23%-7.09%VATRENI

Correlation

0.63over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6990d: 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	AFC	VATRENI
Max drawdown (400d)	-25.7%	-25.7%
Risk-adjusted return (90d)	-0.41	-0.23

Relative strength over 90 days: VATRENI outperformed AFC by 13.3% — measured on the AFC/VATRENI ratio, so it holds regardless of market direction.

Arsenal Fan Token →Croatian Football Federation Token →