Milk Money vs Altcoinist Token

Altcoinist Token (ALTT) is 1.5× the size of Milk Money (MM) by market capitalisation. Over the past 30 days, MM is ahead by 31.7 percentage points (MM -25.7% against ALTT -57.3%). Their daily returns move barely in opposite directions (correlation -0.06 across 40 shared trading days). MM has been the more volatile of the two, at 981888% annualised against ALTT's 177%.

Correlation: -0.06
Size ratio: 1 : 1.5
Ahead over 30 days: MM

Milk MoneyMM

$0.001186

24h: +14.79%
Market cap: $1.19M
Volume 24h: $34,151
Volatility (ann.): 981888%

Altcoinist TokenALTT

$0.007454

24h: +0.23%
Market cap: $1.83M
Volume 24h: $26,483
Volatility (ann.): 177%

MM 39.4%Share of the two combined market caps60.6% ALTT

Performance

MMALTT

7 days-99.97%-14.49%ALTT
30 days-25.66%-57.33%MM

Correlation

-0.06over 40 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0790d: 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	MM	ALTT
Max drawdown (400d)	-100.0%	-65.8%
Risk-adjusted return (90d)	0.00	-0.36

Relative strength over 90 days: MM outperformed ALTT by 116.8% — measured on the MM/ALTT ratio, so it holds regardless of market direction.

Milk Money →Altcoinist Token →