Mellow Man vs Brett

Brett (BRETT) is 123.6× the size of Mellow Man (MELLOW) by market capitalisation. Over the past 30 days, BRETT is ahead by 38.4 percentage points (MELLOW -53.1% against BRETT -14.7%). Their daily returns move loosely together (correlation 0.39 across 29 shared trading days). MELLOW has been the more volatile of the two, at 203% annualised against BRETT's 101%.

Correlation: 0.39
Size ratio: 1 : 123.6
Ahead over 30 days: BRETT

Mellow ManMELLOW

$0.005013

24h: —
Market cap: $348,004
Volume 24h: —
Volatility (ann.): 203%

BrettBRETT

$0.004333

24h: +3.63%
Market cap: $43.01M
Volume 24h: $4.83M
Volatility (ann.): 101%

MELLOW 0.8%Share of the two combined market caps99.2% BRETT

Performance

MELLOWBRETT

7 days-49.99%-10.22%BRETT
30 days-53.06%-14.67%BRETT

Correlation

0.39over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: 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	MELLOW	BRETT
Max drawdown (400d)	-62.0%	-31.9%
Risk-adjusted return (90d)	-0.28	-0.07

Relative strength over 90 days: BRETT outperformed MELLOW by 50.1% — measured on the MELLOW/BRETT ratio, so it holds regardless of market direction.

Mellow Man →Brett →