Mento Euro vs EUR CoinVertible

EUR CoinVertible (EURCV) is 120.8× the size of Mento Euro (EURM) by market capitalisation. Over the past 30 days, EURCV is ahead by 0.0 percentage points (EURM -3.5% against EURCV -3.4%). Their daily returns move closely together (correlation 0.77 across 29 shared trading days). EURM has been the more volatile of the two, at 13% annualised against EURCV's 7%.

Correlation: 0.77
Size ratio: 1 : 120.8
Ahead over 30 days: EURCV

Mento EuroEURM

$1.1200

24h: +0.03%
Market cap: $1.62M
Volume 24h: $1,298
Volatility (ann.): 13%

EUR CoinVertibleEURCV

$1.1300

24h: +0.75%
Market cap: $195.51M
Volume 24h: $35.51M
Volatility (ann.): 7%

EURM 0.8%Share of the two combined market caps99.2% EURCV

Performance

EURMEURCV

7 days+0.00%+0.90%EURCV
30 days-3.48%-3.45%EURCV

Correlation

0.77over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7790d: 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	EURM	EURCV
Max drawdown (400d)	-4.3%	-5.1%
Risk-adjusted return (90d)	-0.33	-0.49

Relative strength over 90 days: EURCV outperformed EURM by 0.9% — measured on the EURM/EURCV ratio, so it holds regardless of market direction.

Mento Euro →EUR CoinVertible →