METAVERSE vs Grass

Grass (GRASS) is 218.7× the size of METAVERSE (METAV) by market capitalisation. Over the past 30 days, GRASS is ahead by 82.8 percentage points (METAV -10.3% against GRASS +72.4%). Their daily returns move closely together (correlation 0.70 across 31 shared trading days). GRASS has been the more volatile of the two, at 213% annualised against METAV's 75%.

Correlation: 0.70
Size ratio: 1 : 218.7
Ahead over 30 days: GRASS

METAVERSEMETAV

$0.001904

24h: +1.46%
Market cap: $1.90M
Volume 24h: $4
Volatility (ann.): 75%

GrassGRASS

$0.576671

24h: +1.59%
Market cap: $416.41M
Volume 24h: $22.85M
Volatility (ann.): 213%

METAV 0.5%Share of the two combined market caps99.5% GRASS

Performance

METAVGRASS

7 days-10.94%-23.53%METAV
30 days-10.32%+72.43%GRASS

Correlation

0.70over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7090d: 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	METAV	GRASS
Max drawdown (400d)	-24.8%	-25.3%
Risk-adjusted return (90d)	-0.16	0.35

Relative strength over 90 days: GRASS outperformed METAV by 44.0% — measured on the METAV/GRASS ratio, so it holds regardless of market direction.

METAVERSE →Grass →