Brazil National Football Team Fan Token vs Croatian Football Federation Token

Croatian Football Federation Token (VATRENI) is 5006.6× the size of Brazil National Football Team Fan Token (BFT) by market capitalisation. Over the past 30 days, BFT is ahead by 15.7 percentage points (BFT +10.8% against VATRENI -4.9%). Their daily returns move barely together (correlation 0.22 across 28 shared trading days). BFT has been the more volatile of the two, at 110% annualised against VATRENI's 72%.

Correlation: 0.22
Size ratio: 1 : 5006.6
Ahead over 30 days: BFT

Brazil National Football Team Fan TokenBFT

$0.000169

24h: —
Market cap: $4,823
Volume 24h: —
Volatility (ann.): 110%

Croatian Football Federation TokenVATRENI

$1.3800

24h: +3.41%
Market cap: $24.14M
Volume 24h: $3,813
Volatility (ann.): 72%

BFT 0.0%Share of the two combined market caps100.0% VATRENI

Performance

BFTVATRENI

7 days-1.11%-4.90%BFT
30 days+10.82%-4.90%BFT

Correlation

0.22over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2290d: 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	BFT	VATRENI
Max drawdown (400d)	-19.3%	-25.7%
Risk-adjusted return (90d)	0.10	-0.19

Relative strength over 90 days: VATRENI outperformed BFT by 4.8% — measured on the BFT/VATRENI ratio, so it holds regardless of market direction.

Brazil National Football Team Fan Token →Croatian Football Federation Token →