AS Monaco Fan Token vs Galatasaray Fan Token

Galatasaray Fan Token (GAL) is 19.3× the size of AS Monaco Fan Token (ASM) by market capitalisation. Over the past 30 days, ASM is ahead by 31.3 percentage points (ASM +16.5% against GAL -14.7%). Their daily returns move barely together (correlation 0.23 across 28 shared trading days). ASM has been the more volatile of the two, at 52% annualised against GAL's 18%.

Correlation: 0.23
Size ratio: 1 : 19.3
Ahead over 30 days: ASM

AS Monaco Fan TokenASM

$0.053646

24h: -1.16%
Market cap: $378,414
Volume 24h: $211,450
Volatility (ann.): 52%

Galatasaray Fan TokenGAL

$0.804027

24h: -0.50%
Market cap: $7.29M
Volume 24h: $572,380
Volatility (ann.): 18%

ASM 4.9%Share of the two combined market caps95.1% GAL

Performance

ASMGAL

7 days+8.07%-2.20%ASM
30 days+16.53%-14.73%ASM

Correlation

0.23over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2390d: 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	ASM	GAL
Max drawdown (400d)	-13.6%	-14.7%
Risk-adjusted return (90d)	0.32	-0.82

Relative strength over 90 days: ASM outperformed GAL by 30.7% — measured on the ASM/GAL ratio, so it holds regardless of market direction.

AS Monaco Fan Token →Galatasaray Fan Token →