Mubarakah vs BUILDon

BUILDon (B) is 351.7× the size of Mubarakah (MUBARAKAH) by market capitalisation. Over the past 30 days, MUBARAKAH is ahead by 11.8 percentage points (MUBARAKAH -26.9% against B -38.7%). Their daily returns move barely together (correlation 0.33 across 28 shared trading days). MUBARAKAH has been the more volatile of the two, at 186% annualised against B's 136%.

Correlation: 0.33
Size ratio: 1 : 351.7
Ahead over 30 days: MUBARAKAH

MubarakahMUBARAKAH

$0.000375

24h: +5.32%
Market cap: $374,529
Volume 24h: $27,081
Volatility (ann.): 186%

BUILDonB

$0.131705

24h: +2.80%
Market cap: $131.70M
Volume 24h: $3.86M
Volatility (ann.): 136%

MUBARAKAH 0.3%Share of the two combined market caps99.7% B

Performance

MUBARAKAHB

7 days-11.03%+0.16%B
30 days-26.90%-38.68%MUBARAKAH

Correlation

0.33over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 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	MUBARAKAH	B
Max drawdown (400d)	-47.1%	-50.5%
Risk-adjusted return (90d)	0.02	-0.08

Relative strength over 90 days: MUBARAKAH outperformed B by 4.5% — measured on the MUBARAKAH/B ratio, so it holds regardless of market direction.

Mubarakah →BUILDon →