Manchester City Fan Token vs Santos FC Fan Token

Santos FC Fan Token (SANTOS) is 1.6× the size of Manchester City Fan Token (CITY) by market capitalisation. Over the past 1 year, CITY is ahead by 7.5 percentage points (CITY -59.0% against SANTOS -66.5%). Their daily returns move loosely together (correlation 0.48 across 399 shared trading days). SANTOS has been the more volatile of the two, at 82% annualised against CITY's 61%.

Correlation: 0.48
Size ratio: 1 : 1.6
Ahead over 1 year: CITY

Manchester City Fan TokenCITY

$0.262000

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

Santos FC Fan TokenSANTOS

$0.408000

24h: +1.02%
Market cap: $8.17M
Volume 24h: $160,044
Volatility (ann.): 82%

CITY 38.0%Share of the two combined market caps62.0% SANTOS

Performance

CITYSANTOS

7 days-8.39%-8.30%SANTOS
30 days-25.78%-21.50%SANTOS
90 days-29.00%-13.71%SANTOS
1 year-59.00%-66.53%CITY

Correlation

0.48over 399 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8090d: 0.581y: 0.39

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	SANTOS
Max drawdown (400d)	-74.3%	-83.8%
Risk-adjusted return (90d)	-0.89	-0.24
Best 30 days (past year)	+44.2%	+66.2%
Worst 30 days (past year)	-39.3%	-51.3%

Relative strength over 90 days: SANTOS outperformed CITY by 17.7% — measured on the CITY/SANTOS ratio, so it holds regardless of market direction.

Manchester City Fan Token →Santos FC Fan Token →