EurocoinToken vs Ultima

Ultima (ULTIMA) is 9.7× the size of EurocoinToken (ECTE) by market capitalisation. Over the past 30 days, ECTE is ahead by 70.9 percentage points (ECTE +29.7% against ULTIMA -41.2%). Their daily returns move loosely in opposite directions (correlation -0.59 across 23 shared trading days). ECTE has been the more volatile of the two, at 167% annualised against ULTIMA's 52%.

Correlation: -0.59
Size ratio: 1 : 9.7
Ahead over 30 days: ECTE

EurocoinTokenECTE

$0.102542

24h: -1.55%
Market cap: $10.25M
Volume 24h: $57,563
Volatility (ann.): 167%

UltimaULTIMA

$1,169.51

24h: +1.15%
Market cap: $99.10M
Volume 24h: $5.70M
Volatility (ann.): 52%

ECTE 9.4%Share of the two combined market caps90.6% ULTIMA

Performance

ECTEULTIMA

7 days+8.39%-6.81%ECTE
30 days+29.72%-41.19%ECTE

Correlation

-0.59over 23 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	ECTE	ULTIMA
Max drawdown (400d)	-26.3%	-51.6%
Risk-adjusted return (90d)	0.18	-0.96

Relative strength over 90 days: ECTE outperformed ULTIMA by 64.8% — measured on the ECTE/ULTIMA ratio, so it holds regardless of market direction.

EurocoinToken →Ultima →