MANA3 vs Mantle

MANA3 (MANA3) and Mantle (MNT) compared side by side. Their daily returns move barely in opposite directions (correlation -0.13 across 35 shared trading days). MANA3 has been the more volatile of the two, at 1632% annualised against MNT's 100%.

Correlation: -0.13

MANA3MANA3

$0.004498

24h: -0.88%
Market cap: —
Volume 24h: $19,470
Volatility (ann.): 1632%

MantleMNT

$0.480157

24h: +1.35%
Market cap: $1.59B
Volume 24h: $42.24M
Volatility (ann.): 100%

MANA3 0.0%Share of the two combined market caps100.0% MNT

Performance

MANA3MNT

7 days-4.92%-8.39%MANA3
30 days+765.87%-17.29%MANA3
90 days+481.89%——
1 year-31.92%——

Correlation

-0.13over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1390d: 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	MANA3	MNT
Max drawdown (400d)	-93.3%	-31.8%
Risk-adjusted return (90d)	0.15	0.06

Relative strength over 90 days: MANA3 outperformed MNT by 363.8% — measured on the MANA3/MNT ratio, so it holds regardless of market direction.

MANA3 →Mantle →