FLOKI (FLOKI) is 1237.0× the size of MetaCene (MAK) by market capitalisation. Over the past 1 year, FLOKI is ahead by 33.1 percentage points (MAK -93.2% against FLOKI -60.1%). Their daily returns move barely in opposite directions (correlation -0.08 across 364 shared trading days). FLOKI has been the more volatile of the two, at 89% annualised against MAK's 66%.
MAKFLOKI
-0.08over 364 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 | MAK | FLOKI |
|---|---|---|
| Max drawdown (400d) | -93.9% | -80.7% |
| Risk-adjusted return (90d) | -0.86 | 0.09 |
| Best 30 days (past year) | — | +35.0% |
| Worst 30 days (past year) | — | -50.0% |
Relative strength over 90 days: FLOKI outperformed MAK by 74.4% — measured on the MAK/FLOKI ratio, so it holds regardless of market direction.