Evan vs MarsCoin

MarsCoin (MARSCOIN) is 2670.4× the size of Evan (EVAN) by market capitalisation. Over the past 30 days, EVAN is ahead by 28.8 percentage points (EVAN -29.8% against MARSCOIN -58.6%). Their daily returns move barely together (correlation 0.21 across 36 shared trading days). MARSCOIN has been the more volatile of the two, at 218% annualised against EVAN's 50%.

Correlation: 0.21
Size ratio: 1 : 2670.4
Ahead over 30 days: EVAN

EvanEVAN

$1.670e-5

24h: -5.38%
Market cap: $16,696
Volume 24h: $2
Volatility (ann.): 50%

MarsCoinMARSCOIN

$0.043900

24h: -13.40%
Market cap: $44.59M
Volume 24h: $11.36M
Volatility (ann.): 218%

EVAN 0.0%Share of the two combined market caps100.0% MARSCOIN

Performance

EVANMARSCOIN

7 days-11.71%-18.35%EVAN
30 days-29.82%-58.59%EVAN

Correlation

0.21over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 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	EVAN	MARSCOIN
Max drawdown (400d)	-30.6%	-81.9%
Risk-adjusted return (90d)	-0.57	-0.35

Relative strength over 90 days: EVAN outperformed MARSCOIN by 109.4% — measured on the EVAN/MARSCOIN ratio, so it holds regardless of market direction.

Evan →MarsCoin →