Gold Token vs Goldfish Gold

Goldfish Gold (GGBR) is 110.4× the size of Gold Token (GLDT) by market capitalisation. Over the past 30 days, GGBR is ahead by 10.2 percentage points (GLDT -12.0% against GGBR -1.7%). Their daily returns move barely together (correlation 0.17 across 30 shared trading days). GLDT has been the more volatile of the two, at 69% annualised against GGBR's 41%.

Correlation: 0.17
Size ratio: 1 : 110.4
Ahead over 30 days: GGBR

Gold TokenGLDT

$1.2500

24h: +0.07%
Market cap: $741,298
Volume 24h: $2,508
Volatility (ann.): 69%

Goldfish GoldGGBR

$4.0100

24h: +3.31%
Market cap: $81.85M
Volume 24h: $102,233
Volatility (ann.): 41%

GLDT 0.9%Share of the two combined market caps99.1% GGBR

Performance

GLDTGGBR

7 days-3.85%-2.96%GGBR
30 days-11.97%-1.75%GGBR

Correlation

0.17over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1790d: 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	GLDT	GGBR
Max drawdown (400d)	-16.7%	-16.6%
Risk-adjusted return (90d)	-0.13	-0.23

Relative strength over 90 days: GLDT outperformed GGBR by 2.8% — measured on the GLDT/GGBR ratio, so it holds regardless of market direction.

Gold Token →Goldfish Gold →