Medieval Empires (MEE) and ApeCoin (APE) compared side by side. Over the past 1 year, APE is ahead by 25.4 percentage points (MEE -95.2% against APE -69.8%). Their daily returns move barely together (correlation 0.01 across 373 shared trading days). MEE has been the more volatile of the two, at 152% annualised against APE's 117%.
MEEAPE
0.01over 373 shared trading days
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.
| Metric | MEE | APE |
|---|---|---|
| Max drawdown (400d) | -96.8% | -85.7% |
| Risk-adjusted return (90d) | 0.19 | -0.24 |
| Best 30 days (past year) | +143.5% | +113.9% |
| Worst 30 days (past year) | -73.2% | -47.6% |
Relative strength over 90 days: MEE outperformed APE by 96.5% — measured on the MEE/APE ratio, so it holds regardless of market direction.