Midas mRe7BTC vs Midas mHYPER

Midas mHYPER (MHYPER) is 52.1× the size of Midas mRe7BTC (MRE7BTC) by market capitalisation. Over the past 30 days, MRE7BTC is ahead by 5.0 percentage points (MRE7BTC +5.9% against MHYPER +0.9%). Their daily returns move barely in opposite directions (correlation -0.13 across 27 shared trading days). MRE7BTC has been the more volatile of the two, at 44% annualised against MHYPER's 3%.

Correlation: -0.13
Size ratio: 1 : 52.1
Ahead over 30 days: MRE7BTC

Midas mRe7BTCMRE7BTC

$76,475

24h: -0.27%
Market cap: $595,926
Volume 24h: —
Volatility (ann.): 44%

Midas mHYPERMHYPER

$1.1400

24h: +0.00%
Market cap: $31.03M
Volume 24h: —
Volatility (ann.): 3%

MRE7BTC 1.9%Share of the two combined market caps98.1% MHYPER

Performance

MRE7BTCMHYPER

7 days-1.03%+0.00%MHYPER
30 days+5.89%+0.88%MRE7BTC

Correlation

-0.13over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1390d: 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	MRE7BTC	MHYPER
Max drawdown (400d)	-7.0%	0.0%
Risk-adjusted return (90d)	0.13	0.53

Relative strength over 90 days: MRE7BTC outperformed MHYPER by 4.6% — measured on the MRE7BTC/MHYPER ratio, so it holds regardless of market direction.

Midas mRe7BTC →Midas mHYPER →