Meter Governance (MTRG) and Starknet (STRK) compared side by side. Over the past 1 year, STRK is ahead by 40.0 percentage points (MTRG -98.9% against STRK -58.9%). Their daily returns move barely together (correlation 0.02 across 362 shared trading days). Both have run at a similar volatility, around 134% annualised.
MTRGSTRK
0.02over 362 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 | MTRG | STRK |
|---|---|---|
| Max drawdown (400d) | -98.9% | -91.0% |
| Risk-adjusted return (90d) | -0.46 | 0.32 |
| Best 30 days (past year) | — | +329.9% |
| Worst 30 days (past year) | — | -66.4% |
Relative strength over 90 days: STRK outperformed MTRG by 92.5% — measured on the MTRG/STRK ratio, so it holds regardless of market direction.