Mento Euro vs USDD

USDD (USDD) is 913.3× the size of Mento Euro (EURM) by market capitalisation. Over the past 30 days, USDD is ahead by 3.3 percentage points (EURM -3.5% against USDD -0.1%). Their daily returns move loosely together (correlation 0.39 across 28 shared trading days). EURM has been the more volatile of the two, at 13% annualised against USDD's 2%.

Correlation: 0.39
Size ratio: 1 : 913.3
Ahead over 30 days: USDD

Mento EuroEURM

$1.1200

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

USDDUSDD

$0.998394

24h: +0.22%
Market cap: $1.48B
Volume 24h: $2.01M
Volatility (ann.): 2%

EURM 0.1%Share of the two combined market caps99.9% USDD

Performance

EURMUSDD

7 days+0.00%+0.11%USDD
30 days-3.48%-0.14%USDD

Correlation

0.39over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: 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	USDD
Max drawdown (400d)	-4.3%	-0.4%
Risk-adjusted return (90d)	-0.33	-0.15

Relative strength over 90 days: USDD outperformed EURM by 4.0% — measured on the EURM/USDD ratio, so it holds regardless of market direction.

Mento Euro →USDD →