Decentraland (MANA) is 10973.2× the size of InfluenceHer (INFLU) by market capitalisation. Their daily returns move barely together (correlation 0.23 across 134 shared trading days). INFLU has been the more volatile of the two, at 235% annualised against MANA's 77%.
INFLUMANA
0.23over 134 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 | INFLU | MANA |
|---|---|---|
| Max drawdown (400d) | -98.3% | -82.0% |
| Risk-adjusted return (90d) | -0.43 | 0.19 |
| Best 30 days (past year) | — | +43.6% |
| Worst 30 days (past year) | — | -42.8% |
Relative strength over 90 days: MANA outperformed INFLU by 85.1% — measured on the INFLU/MANA ratio, so it holds regardless of market direction.