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Reality Metaverse vs FLOKI

FLOKI (FLOKI) is 149.6× the size of Reality Metaverse (RMV) by market capitalisation. Their daily returns move barely together (correlation 0.14 across 110 shared trading days). RMV has been the more volatile of the two, at 183% annualised against FLOKI's 89%.

Correlation
0.14
Size ratio
1 : 149.6
Reality MetaverseRMV

$0.001815

24h
+3.39%
Market cap
$1.47M
Volume 24h
$2,758
Volatility (ann.)
183%
FLOKIFLOKI

$2.291e-5

24h
+2.11%
Market cap
$220.68M
Volume 24h
$17.15M
Volatility (ann.)
89%
RMV 0.7%Share of the two combined market caps99.3% FLOKI

Performance

RMVFLOKI

  1. 7 days+31.51%-3.53%RMV
  2. 30 days-16.93%-22.64%RMV
  3. 90 days-44.44%+8.83%FLOKI
  4. 1 year—-62.82%—

Correlation

0.14over 110 shared trading days

−1 opposite0 unrelated+1 in step
7d: insufficient data30d: 0.3990d: 0.141y: 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

MetricRMVFLOKI
Max drawdown (400d)-70.5%-80.7%
Risk-adjusted return (90d)-0.230.10
Best 30 days (past year)—+35.0%
Worst 30 days (past year)—-50.0%

Relative strength over 90 days: FLOKI outperformed RMV by 41.9% — measured on the RMV/FLOKI ratio, so it holds regardless of market direction.