Spain vs Italian National Football Team Fan Token

Spain (SPAIN) and Italian National Football Team Fan Token (ITA) compared side by side. Over the past 30 days, ITA is ahead by 6.1 percentage points (SPAIN -2.3% against ITA +3.8%). Their daily returns move barely together (correlation 0.02 across 31 shared trading days). ITA has been the more volatile of the two, at 801% annualised against SPAIN's 42%.

Correlation: 0.02
Ahead over 30 days: ITA

SpainSPAIN

$0.076608

24h: +2.56%
Market cap: $358,696
Volume 24h: $38,900
Volatility (ann.): 42%

Italian National Football Team Fan TokenITA

$0.045036

24h: -99.70%
Market cap: —
Volume 24h: $22,196
Volatility (ann.): 801%

SPAIN 100.0%Share of the two combined market caps0.0% ITA

Performance

SPAINITA

7 days+4.75%-28.99%SPAIN
30 days-2.31%+3.78%ITA

Correlation

0.02over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0290d: 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	SPAIN	ITA
Max drawdown (400d)	-13.8%	-67.7%
Risk-adjusted return (90d)	-0.06	0.00

Relative strength over 90 days: ITA outperformed SPAIN by 5.9% — measured on the SPAIN/ITA ratio, so it holds regardless of market direction.

Spain →Italian National Football Team Fan Token →