MarsCoin (MARSCOIN) is 50.1× the size of Palu (PALU) by market capitalisation. Over the past 30 days, PALU is ahead by 16.1 percentage points (PALU -37.9% against MARSCOIN -54.0%). Their daily returns move barely together (correlation 0.35 across 35 shared trading days). Both have run at a similar volatility, around 210% annualised.
PALUMARSCOIN
0.35over 35 shared trading days
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.
| Metric | PALU | MARSCOIN |
|---|---|---|
| Max drawdown (400d) | -51.7% | -79.2% |
| Risk-adjusted return (90d) | -0.09 | -0.34 |
Relative strength over 90 days: PALU outperformed MARSCOIN by 202.6% — measured on the PALU/MARSCOIN ratio, so it holds regardless of market direction.