Flamengo Fan Token vs Atletico Madrid Fan Token

Atletico Madrid Fan Token (ATM) is 30.4× the size of Flamengo Fan Token (MENGO) by market capitalisation. Over the past 1 year, ATM is ahead by 67.2 percentage points (MENGO -82.5% against ATM -15.3%). Their daily returns move barely together (correlation 0.13 across 362 shared trading days). ATM has been the more volatile of the two, at 98% annualised against MENGO's 75%.

Correlation: 0.13
Size ratio: 1 : 30.4
Ahead over 1 year: ATM

Flamengo Fan TokenMENGO

$0.016261

24h: +4.12%
Market cap: $344,615
Volume 24h: $62,832
Volatility (ann.): 75%

Atletico Madrid Fan TokenATM

$0.840000

24h: +2.05%
Market cap: $10.46M
Volume 24h: $158,339
Volatility (ann.): 98%

MENGO 3.2%Share of the two combined market caps96.8% ATM

Performance

MENGOATM

7 days+1.13%-12.07%MENGO
30 days+9.52%-18.16%MENGO
90 days-16.50%-47.05%MENGO
1 year-82.53%-15.31%ATM

Correlation

0.13over 362 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0190d: 0.031y: 0.13

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	MENGO	ATM
Max drawdown (400d)	-86.7%	-70.3%
Risk-adjusted return (90d)	-0.22	-0.72
Best 30 days (past year)	—	+202.1%
Worst 30 days (past year)	—	-50.8%

Relative strength over 90 days: MENGO outperformed ATM by 90.3% — measured on the MENGO/ATM ratio, so it holds regardless of market direction.

Flamengo Fan Token →Atletico Madrid Fan Token →