COCO COIN vs MarsCoin

MarsCoin (MARSCOIN) is 358.9× the size of COCO COIN (COCO) by market capitalisation. Over the past 30 days, COCO is ahead by 50.9 percentage points (COCO -0.8% against MARSCOIN -51.7%). Their daily returns move barely in opposite directions (correlation -0.15 across 34 shared trading days). MARSCOIN has been the more volatile of the two, at 218% annualised against COCO's 7%.

Correlation: -0.15
Size ratio: 1 : 358.9
Ahead over 30 days: COCO

COCO COINCOCO

$3.590e-6

24h: +0.11%
Market cap: $122,930
Volume 24h: $90
Volatility (ann.): 7%

MarsCoinMARSCOIN

$0.043300

24h: -16.34%
Market cap: $44.12M
Volume 24h: $8.05M
Volatility (ann.): 218%

COCO 0.3%Share of the two combined market caps99.7% MARSCOIN

Performance

COCOMARSCOIN

7 days-1.15%-24.96%COCO
30 days-0.77%-51.71%COCO

Correlation

-0.15over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1990d: 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	COCO	MARSCOIN
Max drawdown (400d)	-2.8%	-79.2%
Risk-adjusted return (90d)	-0.10	-0.34

Relative strength over 90 days: COCO outperformed MARSCOIN by 149.7% — measured on the COCO/MARSCOIN ratio, so it holds regardless of market direction.

COCO COIN →MarsCoin →