Real MXN vs USDS

USDS (USDS) is 123995.8× the size of Real MXN (MXNE) by market capitalisation. Over the past 90 days, USDS is ahead by 6.1 percentage points (MXNE -6.1% against USDS +0.0%). Their daily returns move barely in opposite directions (correlation -0.06 across 57 shared trading days). MXNE has been the more volatile of the two, at 331% annualised against USDS's 1%.

Correlation: -0.06
Size ratio: 1 : 123995.8
Ahead over 90 days: USDS

Real MXNMXNE

$0.054053

24h: +1.00%
Market cap: $77,241
Volume 24h: $501
Volatility (ann.): 331%

USDSUSDS

$1.0008

24h: -0.01%
Market cap: $9.58B
Volume 24h: $328.66M
Volatility (ann.): 1%

MXNE 0.0%Share of the two combined market caps100.0% USDS

Performance

MXNEUSDS

7 days+3.40%+0.00%MXNE
30 days-19.50%+0.07%USDS
90 days-6.08%+0.00%USDS

Correlation

-0.06over 57 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3590d: 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	MXNE	USDS
Max drawdown (400d)	-56.5%	-0.4%
Risk-adjusted return (90d)	-0.02	0.00

Relative strength over 90 days: MXNE outperformed USDS by 28.7% — measured on the MXNE/USDS ratio, so it holds regardless of market direction.

Real MXN →USDS →