Sao Paulo FC Fan Token vs Croatian Football Federation Token

Croatian Football Federation Token (VATRENI) is 369.1× the size of Sao Paulo FC Fan Token (SPFC) by market capitalisation. Over the past 30 days, SPFC is ahead by 22.3 percentage points (SPFC +17.4% against VATRENI -4.9%). Their daily returns move barely together (correlation 0.06 across 21 shared trading days). SPFC has been the more volatile of the two, at 356% annualised against VATRENI's 72%.

Correlation: 0.06
Size ratio: 1 : 369.1
Ahead over 30 days: SPFC

Sao Paulo FC Fan TokenSPFC

$0.008961

24h: —
Market cap: $61,099
Volume 24h: —
Volatility (ann.): 356%

Croatian Football Federation TokenVATRENI

$1.2800

24h: -5.57%
Market cap: $22.55M
Volume 24h: $2,577
Volatility (ann.): 72%

SPFC 0.3%Share of the two combined market caps99.7% VATRENI

Performance

SPFCVATRENI

7 days+11.17%-4.90%SPFC
30 days+17.43%-4.90%SPFC

Correlation

0.06over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	SPFC	VATRENI
Max drawdown (400d)	-30.6%	-25.7%
Risk-adjusted return (90d)	0.05	-0.19

Relative strength over 90 days: SPFC outperformed VATRENI by 2.0% — measured on the SPFC/VATRENI ratio, so it holds regardless of market direction.

Sao Paulo FC Fan Token →Croatian Football Federation Token →