Manyways Inference vs TAGGER

TAGGER (TAG) is 1406.7× the size of Manyways Inference (MANY) by market capitalisation. Over the past 30 days, TAG is ahead by 23.8 percentage points (MANY -11.8% against TAG +12.1%). Their daily returns move barely in opposite directions (correlation -0.29 across 27 shared trading days). MANY has been the more volatile of the two, at 4323% annualised against TAG's 206%.

Correlation: -0.29
Size ratio: 1 : 1406.7
Ahead over 30 days: TAG

Manyways InferenceMANY

$5.622e-5

24h: -0.57%
Market cap: $56,224
Volume 24h: $101
Volatility (ann.): 4323%

TAGGERTAG

$0.000726

24h: -7.93%
Market cap: $79.09M
Volume 24h: $1.99M
Volatility (ann.): 206%

MANY 0.1%Share of the two combined market caps99.9% TAG

Performance

MANYTAG

7 days-32.81%+10.10%TAG
30 days-11.76%+12.08%TAG

Correlation

-0.29over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2990d: 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	MANY	TAG
Max drawdown (400d)	-99.0%	-52.8%
Risk-adjusted return (90d)	-0.02	-0.11

Relative strength over 90 days: TAG outperformed MANY by 84.6% — measured on the MANY/TAG ratio, so it holds regardless of market direction.

Manyways Inference →TAGGER →