Donkey vs MarsCoin

MarsCoin (MARSCOIN) is 394.8× the size of Donkey (DONKEY) by market capitalisation. Over the past 30 days, DONKEY is ahead by 34.1 percentage points (DONKEY -17.6% against MARSCOIN -51.7%). Their daily returns move barely together (correlation 0.13 across 35 shared trading days). MARSCOIN has been the more volatile of the two, at 218% annualised against DONKEY's 49%.

Correlation: 0.13
Size ratio: 1 : 394.8
Ahead over 30 days: DONKEY

DonkeyDONKEY

$0.000126

24h: +4.24%
Market cap: $124,951
Volume 24h: $5,426
Volatility (ann.): 49%

MarsCoinMARSCOIN

$0.049400

24h: -3.72%
Market cap: $49.33M
Volume 24h: $7.01M
Volatility (ann.): 218%

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

Performance

DONKEYMARSCOIN

7 days-10.83%-24.96%DONKEY
30 days-17.63%-51.71%DONKEY

Correlation

0.13over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2090d: 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	DONKEY	MARSCOIN
Max drawdown (400d)	-22.8%	-79.2%
Risk-adjusted return (90d)	-0.31	-0.34

Relative strength over 90 days: DONKEY outperformed MARSCOIN by 113.5% — measured on the DONKEY/MARSCOIN ratio, so it holds regardless of market direction.

Donkey →MarsCoin →