Siren vs MarsCoin

MarsCoin (MARSCOIN) is 2.3× the size of Siren (SIREN) by market capitalisation. Over the past 30 days, SIREN is ahead by 40.4 percentage points (SIREN -13.6% against MARSCOIN -54.0%). Their daily returns move barely in opposite directions (correlation -0.13 across 35 shared trading days). SIREN has been the more volatile of the two, at 342% annualised against MARSCOIN's 219%.

Correlation: -0.13
Size ratio: 1 : 2.3
Ahead over 30 days: SIREN

SirenSIREN

$0.030756

24h: -6.29%
Market cap: $22.23M
Volume 24h: $1.43M
Volatility (ann.): 342%

MarsCoinMARSCOIN

$0.051500

24h: +1.67%
Market cap: $51.09M
Volume 24h: $9.33M
Volatility (ann.): 219%

SIREN 30.3%Share of the two combined market caps69.7% MARSCOIN

Performance

SIRENMARSCOIN

7 days-28.01%-26.47%MARSCOIN
30 days-13.63%-54.00%SIREN

Correlation

-0.13over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2690d: 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	SIREN	MARSCOIN
Max drawdown (400d)	-39.3%	-79.2%
Risk-adjusted return (90d)	-0.04	-0.34

Relative strength over 90 days: SIREN outperformed MARSCOIN by 230.7% — measured on the SIREN/MARSCOIN ratio, so it holds regardless of market direction.

Siren →MarsCoin →