Minted vs AINFT

AINFT (NFT) is 726.9× the size of Minted (MTD) by market capitalisation. Over the past 30 days, NFT is ahead by 20.9 percentage points (MTD -22.3% against NFT -1.3%). Their daily returns move loosely in opposite directions (correlation -0.41 across 21 shared trading days). MTD has been the more volatile of the two, at 42% annualised against NFT's 36%.

Correlation: -0.41
Size ratio: 1 : 726.9
Ahead over 30 days: NFT

MintedMTD

$0.001680

24h: +1.51%
Market cap: $311,184
Volume 24h: $1,071
Volatility (ann.): 42%

AINFTNFT

$2.285e-7

24h: -2.14%
Market cap: $226.19M
Volume 24h: $19.46M
Volatility (ann.): 36%

MTD 0.1%Share of the two combined market caps99.9% NFT

Performance

MTDNFT

7 days-5.12%-3.23%NFT
30 days-22.26%-1.32%NFT

Correlation

-0.41over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	MTD	NFT
Max drawdown (400d)	-26.8%	-18.9%
Risk-adjusted return (90d)	-0.59	-0.53

Relative strength over 90 days: NFT outperformed MTD by 9.5% — measured on the MTD/NFT ratio, so it holds regardless of market direction.

Minted →AINFT →