Flamengo Fan Token vs FC Barcelona Fan Token

FC Barcelona Fan Token (BAR) is 21.5× the size of Flamengo Fan Token (MENGO) by market capitalisation. Over the past 1 year, BAR is ahead by 19.3 percentage points (MENGO -82.5% against BAR -63.2%). Their daily returns move loosely together (correlation 0.44 across 362 shared trading days). MENGO has been the more volatile of the two, at 75% annualised against BAR's 51%.

Correlation: 0.44
Size ratio: 1 : 21.5
Ahead over 1 year: BAR

Flamengo Fan TokenMENGO

$0.016261

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

FC Barcelona Fan TokenBAR

$0.233000

24h: -1.76%
Market cap: $7.41M
Volume 24h: $124,829
Volatility (ann.): 51%

MENGO 4.4%Share of the two combined market caps95.6% BAR

Performance

MENGOBAR

7 days+1.13%-7.14%MENGO
30 days+9.52%-17.31%MENGO
90 days-16.50%-13.33%BAR
1 year-82.53%-63.21%BAR

Correlation

0.44over 362 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: 0.391y: 0.44

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	BAR
Max drawdown (400d)	-86.7%	-77.7%
Risk-adjusted return (90d)	-0.22	-0.42
Best 30 days (past year)	—	+16.7%
Worst 30 days (past year)	—	-39.1%

Relative strength over 90 days: BAR outperformed MENGO by 19.8% — measured on the MENGO/BAR ratio, so it holds regardless of market direction.

Flamengo Fan Token →FC Barcelona Fan Token →