MUTATIO vs Non-Playable Coin

Non-Playable Coin (NPC) is 2455.9× the size of MUTATIO (FLIES) by market capitalisation. Over the past 30 days, FLIES is ahead by 12.4 percentage points (FLIES -20.3% against NPC -32.7%). Their daily returns move barely in opposite directions (correlation -0.15 across 21 shared trading days). NPC has been the more volatile of the two, at 165% annualised against FLIES's 51%.

Correlation: -0.15
Size ratio: 1 : 2455.9
Ahead over 30 days: FLIES

MUTATIOFLIES

$0.095634

24h: —
Market cap: $50,938
Volume 24h: —
Volatility (ann.): 51%

Non-Playable CoinNPC

$0.015540

24h: -12.69%
Market cap: $125.10M
Volume 24h: $2.28M
Volatility (ann.): 165%

FLIES 0.0%Share of the two combined market caps100.0% NPC

Performance

FLIESNPC

7 days-3.28%+0.95%NPC
30 days-20.30%-32.73%FLIES

Correlation

-0.15over 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	FLIES	NPC
Max drawdown (400d)	-21.9%	-34.4%
Risk-adjusted return (90d)	-0.40	1.20

Relative strength over 90 days: FLIES outperformed NPC by 12.1% — measured on the FLIES/NPC ratio, so it holds regardless of market direction.

MUTATIO →Non-Playable Coin →