MarsCoin (MARSCOIN) is 28.2× the size of DORA (DORA) by market capitalisation. Over the past 30 days, MARSCOIN is ahead by 22.8 percentage points (DORA -76.8% against MARSCOIN -54.0%). Their daily returns move barely together (correlation 0.30 across 32 shared trading days). Both have run at a similar volatility, around 222% annualised.
DORAMARSCOIN
0.30over 32 shared trading days
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.
| Metric | DORA | MARSCOIN |
|---|---|---|
| Max drawdown (400d) | -77.0% | -79.2% |
| Risk-adjusted return (90d) | -0.34 | -0.34 |
Relative strength over 90 days: MARSCOIN outperformed DORA by 14.0% — measured on the DORA/MARSCOIN ratio, so it holds regardless of market direction.