BUILDon vs MarsCoin

BUILDon (B) is 2.6× the size of MarsCoin (MARSCOIN) by market capitalisation. Over the past 30 days, B is ahead by 13.0 percentage points (B -38.7% against MARSCOIN -51.7%). Their daily returns move barely together (correlation 0.24 across 40 shared trading days). MARSCOIN has been the more volatile of the two, at 218% annualised against B's 136%.

Correlation: 0.24
Size ratio: 2.6×
Ahead over 30 days: B

BUILDonB

$0.133511

24h: +3.93%
Market cap: $133.51M
Volume 24h: $4.37M
Volatility (ann.): 136%

MarsCoinMARSCOIN

$0.050600

24h: +3.23%
Market cap: $50.69M
Volume 24h: $11.08M
Volatility (ann.): 218%

B 72.5%Share of the two combined market caps27.5% MARSCOIN

Performance

BMARSCOIN

7 days+0.16%-24.96%B
30 days-38.68%-51.71%B

Correlation

0.24over 40 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3590d: 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	B	MARSCOIN
Max drawdown (400d)	-50.5%	-79.2%
Risk-adjusted return (90d)	-0.08	-0.34

Relative strength over 90 days: B outperformed MARSCOIN by 280.7% — measured on the B/MARSCOIN ratio, so it holds regardless of market direction.

BUILDon →MarsCoin →