Modulr vs Geodnet

Geodnet (GEOD) is 2262.4× the size of Modulr (EMDR) by market capitalisation. Over the past 30 days, GEOD is ahead by 8.9 percentage points (EMDR +0.7% against GEOD +9.6%). Their daily returns move loosely together (correlation 0.53 across 22 shared trading days). EMDR has been the more volatile of the two, at 722% annualised against GEOD's 74%.

Correlation: 0.53
Size ratio: 1 : 2262.4
Ahead over 30 days: GEOD

ModulrEMDR

$0.183415

24h: +10.70%
Market cap: $75,361
Volume 24h: $58
Volatility (ann.): 722%

GeodnetGEOD

$0.228676

24h: -4.82%
Market cap: $170.50M
Volume 24h: $1.45M
Volatility (ann.): 74%

EMDR 0.0%Share of the two combined market caps100.0% GEOD

Performance

EMDRGEOD

7 days-14.84%-8.30%GEOD
30 days+0.69%+9.61%GEOD

Correlation

0.53over 22 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	EMDR	GEOD
Max drawdown (400d)	-71.6%	-18.1%
Risk-adjusted return (90d)	0.02	0.18

Relative strength over 90 days: GEOD outperformed EMDR by 43.7% — measured on the EMDR/GEOD ratio, so it holds regardless of market direction.

Modulr →Geodnet →