South Africa Fan Token vs Croatian Football Federation Token

Croatian Football Federation Token (VATRENI) is 107.0× the size of South Africa Fan Token (SAFA) by market capitalisation. Over the past 30 days, VATRENI is ahead by 9.5 percentage points (SAFA -14.4% against VATRENI -4.9%). Their daily returns move barely together (correlation 0.23 across 28 shared trading days). VATRENI has been the more volatile of the two, at 72% annualised against SAFA's 41%.

Correlation: 0.23
Size ratio: 1 : 107.0
Ahead over 30 days: VATRENI

South Africa Fan TokenSAFA

$0.043067

24h: -4.16%
Market cap: $210,759
Volume 24h: $166,051
Volatility (ann.): 41%

Croatian Football Federation TokenVATRENI

$1.2800

24h: -5.57%
Market cap: $22.55M
Volume 24h: $2,577
Volatility (ann.): 72%

SAFA 0.9%Share of the two combined market caps99.1% VATRENI

Performance

SAFAVATRENI

7 days+0.49%-4.90%SAFA
30 days-14.36%-4.90%VATRENI

Correlation

0.23over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2390d: 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	SAFA	VATRENI
Max drawdown (400d)	-16.2%	-25.7%
Risk-adjusted return (90d)	-0.35	-0.19

Relative strength over 90 days: VATRENI outperformed SAFA by 27.4% — measured on the SAFA/VATRENI ratio, so it holds regardless of market direction.

South Africa Fan Token →Croatian Football Federation Token →