FLOKI (FLOKI) is 35.4× the size of Heroes of Mavia (MAVIA) by market capitalisation. Over the past 1 year, FLOKI is ahead by 17.0 percentage points (MAVIA -79.8% against FLOKI -62.8%). Their daily returns move loosely together (correlation 0.37 across 373 shared trading days). MAVIA has been the more volatile of the two, at 177% annualised against FLOKI's 89%.
MAVIAFLOKI
0.37over 373 shared trading days
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.
| Metric | MAVIA | FLOKI |
|---|---|---|
| Max drawdown (400d) | -90.6% | -80.7% |
| Risk-adjusted return (90d) | -0.17 | 0.10 |
| Best 30 days (past year) | +50.3% | +35.0% |
| Worst 30 days (past year) | -76.3% | -50.0% |
Relative strength over 90 days: FLOKI outperformed MAVIA by 10.4% — measured on the MAVIA/FLOKI ratio, so it holds regardless of market direction.