MarsCoin vs BUILDon

BUILDon (B) is 2.5× the size of MarsCoin (MARSCOIN) by market capitalisation. Over the past 30 days, B is ahead by 22.7 percentage points (MARSCOIN -54.0% against B -31.3%). Their daily returns move barely together (correlation 0.24 across 39 shared trading days). MARSCOIN has been the more volatile of the two, at 219% annualised against B's 137%.

Correlation: 0.24
Size ratio: 1 : 2.5
Ahead over 30 days: B

MarsCoinMARSCOIN

$0.051100

24h: +1.10%
Market cap: $51.20M
Volume 24h: $9.34M
Volatility (ann.): 219%

BUILDonB

$0.125921

24h: -5.13%
Market cap: $125.92M
Volume 24h: $3.59M
Volatility (ann.): 137%

MARSCOIN 28.9%Share of the two combined market caps71.1% B

Performance

MARSCOINB

7 days-26.47%-3.78%B
30 days-54.00%-31.28%B

Correlation

0.24over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2190d: 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	MARSCOIN	B
Max drawdown (400d)	-79.2%	-50.5%
Risk-adjusted return (90d)	-0.34	-0.10

Relative strength over 90 days: B outperformed MARSCOIN by 73.5% — measured on the MARSCOIN/B ratio, so it holds regardless of market direction.

MarsCoin →BUILDon →