Milk Money vs CRONUS

CRONUS (CRONUS) is 4.7× the size of Milk Money (MM) by market capitalisation. Over the past 30 days, CRONUS is ahead by 87.5 percentage points (MM -25.7% against CRONUS +61.8%). Their daily returns move barely together (correlation 0.04 across 40 shared trading days). MM has been the more volatile of the two, at 981888% annualised against CRONUS's 254%.

Correlation: 0.04
Size ratio: 1 : 4.7
Ahead over 30 days: CRONUS

Milk MoneyMM

$0.001186

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

CRONUSCRONUS

$0.005665

24h: +4.02%
Market cap: $5.54M
Volume 24h: $11,777
Volatility (ann.): 254%

MM 17.6%Share of the two combined market caps82.4% CRONUS

Performance

MMCRONUS

7 days-99.97%-2.79%CRONUS
30 days-25.66%+61.84%CRONUS

Correlation

0.04over 40 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0690d: 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	CRONUS
Max drawdown (400d)	-100.0%	-35.1%
Risk-adjusted return (90d)	0.00	0.58

Relative strength over 90 days: CRONUS outperformed MM by 68.5% — measured on the MM/CRONUS ratio, so it holds regardless of market direction.

Milk Money →CRONUS →