Meteor Coin vs Audiera

Audiera (BEAT) is 135.3× the size of Meteor Coin (MTO) by market capitalisation. Over the past 30 days, BEAT is ahead by 49.5 percentage points (MTO -39.2% against BEAT +10.3%). Their daily returns move barely together (correlation 0.11 across 27 shared trading days). Both have run at a similar volatility, around 147% annualised.

Correlation: 0.11
Size ratio: 1 : 135.3
Ahead over 30 days: BEAT

Meteor CoinMTO

$0.002731

24h: -1.03%
Market cap: $272,994
Volume 24h: $10,465
Volatility (ann.): 139%

AudieraBEAT

$0.101441

24h: +9.31%
Market cap: $36.95M
Volume 24h: $5.85M
Volatility (ann.): 155%

MTO 0.7%Share of the two combined market caps99.3% BEAT

Performance

MTOBEAT

7 days-0.38%+10.86%BEAT
30 days-39.20%+10.29%BEAT

Correlation

0.11over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1190d: 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	MTO	BEAT
Max drawdown (400d)	-39.9%	-50.3%
Risk-adjusted return (90d)	-0.28	-0.14

Relative strength over 90 days: BEAT outperformed MTO by 12.6% — measured on the MTO/BEAT ratio, so it holds regardless of market direction.

Meteor Coin →Audiera →