Game Meteor Coin vs Fren Pet

Fren Pet (FP) is 87.0× the size of Game Meteor Coin (GMTO) by market capitalisation. Over the past 30 days, FP is ahead by 113.7 percentage points (GMTO -80.3% against FP +33.3%). Their daily returns move barely in opposite directions (correlation -0.10 across 26 shared trading days). FP has been the more volatile of the two, at 379% annualised against GMTO's 214%.

Correlation: -0.10
Size ratio: 1 : 87.0
Ahead over 30 days: FP

Game Meteor CoinGMTO

$1.229e-5

24h: +4.73%
Market cap: $267,914
Volume 24h: $53,840
Volatility (ann.): 214%

Fren PetFP

$3.2900

24h: +11.22%
Market cap: $23.31M
Volume 24h: $30,049
Volatility (ann.): 379%

GMTO 1.1%Share of the two combined market caps98.9% FP

Performance

GMTOFP

7 days-56.73%-29.16%FP
30 days-80.35%+33.33%FP

Correlation

-0.10over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1090d: 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	GMTO	FP
Max drawdown (400d)	-80.3%	-63.0%
Risk-adjusted return (90d)	-0.37	0.59

Relative strength over 90 days: FP outperformed GMTO by 78.0% — measured on the GMTO/FP ratio, so it holds regardless of market direction.

Game Meteor Coin →Fren Pet →