Quantoz EURQ vs Monerium EUR emoney

Monerium EUR emoney (EURE) is 7.4× the size of Quantoz EURQ (EURQ) by market capitalisation. Over the past 30 days, EURE is ahead by 1.8 percentage points (EURQ -5.3% against EURE -3.4%). Their daily returns move barely together (correlation 0.28 across 40 shared trading days). EURQ has been the more volatile of the two, at 20% annualised against EURE's 8%.

Correlation: 0.28
Size ratio: 1 : 7.4
Ahead over 30 days: EURE

Quantoz EURQEURQ

$1.0900

24h: +0.43%
Market cap: $4.07M
Volume 24h: $39,746
Volatility (ann.): 20%

Monerium EUR emoneyEURE

$1.1200

24h: -0.23%
Market cap: $29.96M
Volume 24h: $1.14M
Volatility (ann.): 8%

EURQ 11.9%Share of the two combined market caps88.1% EURE

Performance

EURQEURE

7 days+0.00%+0.90%EURE
30 days-5.26%-3.45%EURE

Correlation

0.28over 40 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2990d: 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	EURQ	EURE
Max drawdown (400d)	-5.3%	-5.1%
Risk-adjusted return (90d)	-0.18	-0.55

Relative strength over 90 days: EURE outperformed EURQ by 0.1% — measured on the EURQ/EURE ratio, so it holds regardless of market direction.

Quantoz EURQ →Monerium EUR emoney →