Superform vs Mantle

Mantle (MNT) is 114.6× the size of Superform (UP) by market capitalisation. Their daily returns move barely together (correlation 0.17 across 43 shared trading days). UP has been the more volatile of the two, at 208% annualised against MNT's 100%.

Correlation: 0.17
Size ratio: 1 : 114.6

SuperformUP

$0.056094

24h: -1.03%
Market cap: $13.50M
Volume 24h: $1.52M
Volatility (ann.): 208%

MantleMNT

$0.468778

24h: -1.11%
Market cap: $1.55B
Volume 24h: $38.35M
Volatility (ann.): 100%

UP 0.9%Share of the two combined market caps99.1% MNT

Performance

UPMNT

7 days-16.05%-8.39%MNT
30 days+3.76%-17.29%UP
90 days-0.54%——

Correlation

0.17over 43 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1990d: 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	UP	MNT
Max drawdown (400d)	-49.5%	-31.8%
Risk-adjusted return (90d)	-0.01	0.06

Relative strength over 90 days: UP outperformed MNT by 3.4% — measured on the UP/MNT ratio, so it holds regardless of market direction.

Superform →Mantle →