Manchester City Fan Token vs Atletico Madrid Fan Token

Atletico Madrid Fan Token (ATM) is 2.1× the size of Manchester City Fan Token (CITY) by market capitalisation. Over the past 1 year, ATM is ahead by 44.2 percentage points (CITY -59.0% against ATM -14.8%). Their daily returns move barely together (correlation 0.32 across 399 shared trading days). ATM has been the more volatile of the two, at 98% annualised against CITY's 61%.

Correlation: 0.32
Size ratio: 1 : 2.1
Ahead over 1 year: ATM

Manchester City Fan TokenCITY

$0.261000

24h: +1.30%
Market cap: $5.02M
Volume 24h: $326,921
Volatility (ann.): 61%

Atletico Madrid Fan TokenATM

$0.853000

24h: +2.05%
Market cap: $10.46M
Volume 24h: $158,339
Volatility (ann.): 98%

CITY 32.4%Share of the two combined market caps67.6% ATM

Performance

CITYATM

7 days-8.39%-11.26%CITY
30 days-25.78%-16.63%ATM
90 days-29.00%-45.98%CITY
1 year-59.00%-14.83%ATM

Correlation

0.32over 399 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6290d: 0.261y: 0.26

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	CITY	ATM
Max drawdown (400d)	-74.3%	-69.8%
Risk-adjusted return (90d)	-0.89	-0.70
Best 30 days (past year)	+44.2%	+202.1%
Worst 30 days (past year)	-39.3%	-50.8%

Relative strength over 90 days: CITY outperformed ATM by 31.4% — measured on the CITY/ATM ratio, so it holds regardless of market direction.

Manchester City Fan Token →Atletico Madrid Fan Token →