Monerium EUR emoney vs Dai

Dai (DAI) is 154.6× the size of Monerium EUR emoney (EURE) by market capitalisation. Over the past 30 days, DAI is ahead by 3.4 percentage points (EURE -3.4% against DAI +0.0%). Their daily returns move barely together (correlation 0.16 across 20 shared trading days). EURE has been the more volatile of the two, at 8% annualised against DAI's 1%.

Correlation: 0.16
Size ratio: 1 : 154.6
Ahead over 30 days: DAI

Monerium EUR emoneyEURE

$1.1200

24h: +0.27%
Market cap: $29.29M
Volume 24h: $1.58M
Volatility (ann.): 8%

DaiDAI

$1.0000

24h: +0.02%
Market cap: $4.53B
Volume 24h: $141.70M
Volatility (ann.): 1%

EURE 0.6%Share of the two combined market caps99.4% DAI

Performance

EUREDAI

7 days+0.90%+0.03%EURE
30 days-3.45%+0.00%DAI

Correlation

0.16over 20 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	EURE	DAI
Max drawdown (400d)	-5.1%	-0.1%
Risk-adjusted return (90d)	-0.55	0.03

Relative strength over 90 days: DAI outperformed EURE by 1.8% — measured on the EURE/DAI ratio, so it holds regardless of market direction.

Monerium EUR emoney →Dai →