SL Benfica Fan Token vs Galatasaray Fan Token

Galatasaray Fan Token (GAL) is 10.7× the size of SL Benfica Fan Token (BENFICA) by market capitalisation. Over the past 30 days, BENFICA is ahead by 8.7 percentage points (BENFICA -6.0% against GAL -14.7%). Their daily returns move barely together (correlation 0.07 across 29 shared trading days). BENFICA has been the more volatile of the two, at 24% annualised against GAL's 18%.

Correlation: 0.07
Size ratio: 1 : 10.7
Ahead over 30 days: BENFICA

SL Benfica Fan TokenBENFICA

$0.070448

24h: +8.56%
Market cap: $678,847
Volume 24h: $106,607
Volatility (ann.): 24%

Galatasaray Fan TokenGAL

$0.804027

24h: -0.50%
Market cap: $7.29M
Volume 24h: $572,380
Volatility (ann.): 18%

BENFICA 8.5%Share of the two combined market caps91.5% GAL

Performance

BENFICAGAL

7 days-1.81%-2.20%BENFICA
30 days-6.00%-14.73%BENFICA

Correlation

0.07over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0790d: 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	BENFICA	GAL
Max drawdown (400d)	-7.6%	-14.7%
Risk-adjusted return (90d)	-0.25	-0.82

Relative strength over 90 days: BENFICA outperformed GAL by 9.1% — measured on the BENFICA/GAL ratio, so it holds regardless of market direction.

SL Benfica Fan Token →Galatasaray Fan Token →