EURØP vs Monerium EUR emoney

Monerium EUR emoney (EURE) is 1.9× the size of EURØP (EUROP) by market capitalisation. Over the past 30 days, EUROP is ahead by 1.7 percentage points (EUROP -1.7% against EURE -3.4%). Their daily returns move barely in opposite directions (correlation -0.08 across 29 shared trading days). EURE has been the more volatile of the two, at 8% annualised against EUROP's 4%.

Correlation: -0.08
Size ratio: 1 : 1.9
Ahead over 30 days: EUROP

EURØPEUROP

$1.1200

24h: +0.35%
Market cap: $15.44M
Volume 24h: $1.78M
Volatility (ann.): 4%

Monerium EUR emoneyEURE

$1.1300

24h: +0.55%
Market cap: $29.71M
Volume 24h: $2.45M
Volatility (ann.): 8%

EUROP 34.2%Share of the two combined market caps65.8% EURE

Performance

EUROPEURE

7 days-0.87%+0.90%EURE
30 days-1.72%-3.45%EUROP

Correlation

-0.08over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0890d: 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	EUROP	EURE
Max drawdown (400d)	-1.7%	-5.1%
Risk-adjusted return (90d)	-0.41	-0.55

Relative strength over 90 days: EUROP outperformed EURE by 0.0% — measured on the EUROP/EURE ratio, so it holds regardless of market direction.

EURØP →Monerium EUR emoney →