Corn vs Mantle

Mantle (MNT) is 136.6× the size of Corn (CORN) by market capitalisation. Over the past 30 days, CORN is ahead by 18.5 percentage points (CORN +1.2% against MNT -17.3%). Their daily returns move barely together (correlation 0.35 across 22 shared trading days). MNT has been the more volatile of the two, at 100% annualised against CORN's 7%.

Correlation: 0.35
Size ratio: 1 : 136.6
Ahead over 30 days: CORN

CornCORN

$0.021930

24h: -10.62%
Market cap: $11.51M
Volume 24h: $1.94M
Volatility (ann.): 7%

MantleMNT

$0.476209

24h: +1.71%
Market cap: $1.57B
Volume 24h: $41.68M
Volatility (ann.): 100%

CORN 0.7%Share of the two combined market caps99.3% MNT

Performance

CORNMNT

7 days-0.47%-8.39%CORN
30 days+1.16%-17.29%CORN

Correlation

0.35over 22 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	CORN	MNT
Max drawdown (400d)	-1.1%	-31.8%
Risk-adjusted return (90d)	0.16	0.06

Relative strength over 90 days: MNT outperformed CORN by 21.1% — measured on the CORN/MNT ratio, so it holds regardless of market direction.

Corn →Mantle →