Mansory Token (MNSRY) is 276.2× the size of Insane Labz (Sol) (LABZ) by market capitalisation. Their daily returns move closely together (correlation 0.62 across 188 shared trading days). LABZ has been the more volatile of the two, at 106% annualised against MNSRY's 50%.
LABZMNSRY
0.62over 188 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 | LABZ | MNSRY |
|---|---|---|
| Max drawdown (400d) | -76.2% | -79.3% |
| Risk-adjusted return (90d) | 0.12 | -0.28 |
| Best 30 days (past year) | — | +16.2% |
| Worst 30 days (past year) | — | -40.8% |
Relative strength over 90 days: LABZ outperformed MNSRY by 52.8% — measured on the LABZ/MNSRY ratio, so it holds regardless of market direction.