FLORK vs MarsCoin

MarsCoin (MARSCOIN) is 19.9× the size of FLORK (FLORK) by market capitalisation. Over the past 30 days, MARSCOIN is ahead by 35.0 percentage points (FLORK -89.0% against MARSCOIN -54.0%). Their daily returns move barely in opposite directions (correlation -0.19 across 29 shared trading days). FLORK has been the more volatile of the two, at 298528% annualised against MARSCOIN's 219%.

Correlation: -0.19
Size ratio: 1 : 19.9
Ahead over 30 days: MARSCOIN

FLORKFLORK

$0.002567

24h: +2.35%
Market cap: $2.57M
Volume 24h: $235,496
Volatility (ann.): 298528%

MarsCoinMARSCOIN

$0.051500

24h: +2.40%
Market cap: $51.19M
Volume 24h: $7.97M
Volatility (ann.): 219%

FLORK 4.8%Share of the two combined market caps95.2% MARSCOIN

Performance

FLORKMARSCOIN

7 days-64.35%-26.47%MARSCOIN
30 days-89.01%-54.00%MARSCOIN

Correlation

-0.19over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1990d: 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	FLORK	MARSCOIN
Max drawdown (400d)	-100.0%	-79.2%
Risk-adjusted return (90d)	0.00	-0.34

Relative strength over 90 days: MARSCOIN outperformed FLORK by 52.9% — measured on the FLORK/MARSCOIN ratio, so it holds regardless of market direction.

FLORK →MarsCoin →