EUR CoinVertible vs Monerium EUR emoney [OLD]

EUR CoinVertible (EURCV) is 8.3× the size of Monerium EUR emoney [OLD] (EURE) by market capitalisation. Over the past 30 days, EURCV is ahead by 0.0 percentage points (EURCV -3.4% against EURE -3.4%). Their daily returns move closely together (correlation 0.82 across 32 shared trading days). EURE has been the more volatile of the two, at 9% annualised against EURCV's 7%.

Correlation: 0.82
Size ratio: 8.3×
Ahead over 30 days: EURCV

EUR CoinVertibleEURCV

$1.1200

24h: +0.34%
Market cap: $194.91M
Volume 24h: $46.35M
Volatility (ann.): 7%

Monerium EUR emoney [OLD]EURE

$1.1200

24h: +0.32%
Market cap: $23.38M
Volume 24h: $458,910
Volatility (ann.): 9%

EURCV 89.3%Share of the two combined market caps10.7% EURE

Performance

EURCVEURE

7 days+0.90%+0.90%EURCV
30 days-3.45%-3.45%EURCV

Correlation

0.82over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.8290d: 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	EURCV	EURE
Max drawdown (400d)	-5.1%	-4.3%
Risk-adjusted return (90d)	-0.49	-0.37

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

EUR CoinVertible →Monerium EUR emoney [OLD] →