Croatian Football Federation Token vs Galatasaray Fan Token

Croatian Football Federation Token (VATRENI) is 3.3× the size of Galatasaray Fan Token (GAL) by market capitalisation. Over the past 30 days, VATRENI is ahead by 7.6 percentage points (VATRENI -7.1% against GAL -14.7%). Their daily returns move barely together (correlation 0.09 across 31 shared trading days). VATRENI has been the more volatile of the two, at 73% annualised against GAL's 18%.

Correlation: 0.09
Size ratio: 3.3×
Ahead over 30 days: VATRENI

Croatian Football Federation TokenVATRENI

$1.3800

24h: +3.40%
Market cap: $24.17M
Volume 24h: $3,724
Volatility (ann.): 73%

Galatasaray Fan TokenGAL

$0.804027

24h: -0.50%
Market cap: $7.29M
Volume 24h: $572,380
Volatility (ann.): 18%

VATRENI 76.8%Share of the two combined market caps23.2% GAL

Performance

VATRENIGAL

7 days-7.09%-2.20%GAL
30 days-7.09%-14.73%VATRENI

Correlation

0.09over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0990d: 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	VATRENI	GAL
Max drawdown (400d)	-25.7%	-14.7%
Risk-adjusted return (90d)	-0.23	-0.82

Relative strength over 90 days: VATRENI outperformed GAL by 31.3% — measured on the VATRENI/GAL ratio, so it holds regardless of market direction.

Croatian Football Federation Token →Galatasaray Fan Token →