Metadium vs Concordium

Concordium (CCD) is 2.5× the size of Metadium (META) by market capitalisation. Over the past 30 days, META is ahead by 45.1 percentage points (META +16.1% against CCD -29.0%). Their daily returns move barely together (correlation 0.12 across 27 shared trading days). META has been the more volatile of the two, at 294% annualised against CCD's 91%.

Correlation: 0.12
Size ratio: 1 : 2.5
Ahead over 30 days: META

MetadiumMETA

$0.007489

24h: -1.50%
Market cap: $13.09M
Volume 24h: $51,757
Volatility (ann.): 294%

ConcordiumCCD

$0.002607

24h: -0.44%
Market cap: $33.30M
Volume 24h: $150,148
Volatility (ann.): 91%

META 28.2%Share of the two combined market caps71.8% CCD

Performance

METACCD

7 days+0.40%-14.92%META
30 days+16.06%-29.00%META

Correlation

0.12over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1290d: 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	META	CCD
Max drawdown (400d)	-49.7%	-36.5%
Risk-adjusted return (90d)	0.05	-0.27

Relative strength over 90 days: META outperformed CCD by 9.9% — measured on the META/CCD ratio, so it holds regardless of market direction.

Metadium →Concordium →