Machines-cash vs Monero

Monero (XMR) is 314483.9× the size of Machines-cash (MACHINES) by market capitalisation. Over the past 30 days, XMR is ahead by 30.8 percentage points (MACHINES -12.4% against XMR +18.4%). Their daily returns move barely together (correlation 0.12 across 27 shared trading days). MACHINES has been the more volatile of the two, at 51% annualised against XMR's 36%.

Correlation: 0.12
Size ratio: 1 : 314483.9
Ahead over 30 days: XMR

Machines-cashMACHINES

$3.634e-7

24h: —
Market cap: $36,343
Volume 24h: —
Volatility (ann.): 51%

MoneroXMR

$118.7000

24h: -4.02%
Market cap: $11.43B
Volume 24h: $154.74M
Volatility (ann.): 36%

MACHINES 0.0%Share of the two combined market caps100.0% XMR

Performance

MACHINESXMR

7 days+5.33%+8.13%XMR
30 days-12.42%+18.42%XMR

Correlation

0.12over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1290d: 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	MACHINES	XMR
Max drawdown (400d)	-22.5%	-7.3%
Risk-adjusted return (90d)	-0.24	0.41

Relative strength over 90 days: XMR outperformed MACHINES by 25.5% — measured on the MACHINES/XMR ratio, so it holds regardless of market direction.

Machines-cash →Monero →