Napoli Fan Token vs Croatian Football Federation Token

Croatian Football Federation Token (VATRENI) is 20.9× the size of Napoli Fan Token (NAP) by market capitalisation. Over the past 30 days, NAP is ahead by 12.3 percentage points (NAP +5.3% against VATRENI -7.1%). Their daily returns move barely in opposite directions (correlation -0.05 across 29 shared trading days). NAP has been the more volatile of the two, at 93% annualised against VATRENI's 73%.

Correlation: -0.05
Size ratio: 1 : 20.9
Ahead over 30 days: NAP

Napoli Fan TokenNAP

$0.172581

24h: +0.27%
Market cap: $1.09M
Volume 24h: $28,912
Volatility (ann.): 93%

Croatian Football Federation TokenVATRENI

$1.3000

24h: +0.36%
Market cap: $22.89M
Volume 24h: $3,303
Volatility (ann.): 73%

NAP 4.6%Share of the two combined market caps95.4% VATRENI

Performance

NAPVATRENI

7 days+1.67%-7.09%NAP
30 days+5.25%-7.09%NAP

Correlation

-0.05over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0590d: 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	NAP	VATRENI
Max drawdown (400d)	-22.4%	-25.7%
Risk-adjusted return (90d)	0.06	-0.23

Relative strength over 90 days: VATRENI outperformed NAP by 4.9% — measured on the NAP/VATRENI ratio, so it holds regardless of market direction.

Napoli Fan Token →Croatian Football Federation Token →