SENSO (SENSO) and Decentraland (MANA) compared side by side. Over the past 1 year, SENSO is ahead by 59.5 percentage points (SENSO -5.6% against MANA -65.1%). Their daily returns move barely together (correlation 0.09 across 363 shared trading days). MANA has been the more volatile of the two, at 78% annualised against SENSO's 34%.
SENSOMANA
0.09over 363 shared trading days
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.
| Metric | SENSO | MANA |
|---|---|---|
| Max drawdown (400d) | -26.7% | -82.0% |
| Risk-adjusted return (90d) | -0.36 | 0.14 |
| Best 30 days (past year) | — | +43.6% |
| Worst 30 days (past year) | — | -42.8% |
Relative strength over 90 days: MANA outperformed SENSO by 38.9% — measured on the SENSO/MANA ratio, so it holds regardless of market direction.