Token Teknoloji A.Ş. EURO vs Monerium EUR emoney [OLD]

Monerium EUR emoney [OLD] (EURE) is 126.7× the size of Token Teknoloji A.Ş. EURO (EUROT) by market capitalisation. Over the past 30 days, EUROT is ahead by 0.9 percentage points (EUROT -2.6% against EURE -3.4%). Their daily returns move barely in opposite directions (correlation -0.05 across 25 shared trading days). Both have run at a similar volatility, around 9% annualised.

Correlation: -0.05
Size ratio: 1 : 126.7
Ahead over 30 days: EUROT

Token Teknoloji A.Ş. EUROEUROT

$1.1300

24h: +0.06%
Market cap: $180,180
Volume 24h: $4,808
Volatility (ann.): 8%

Monerium EUR emoney [OLD]EURE

$1.1200

24h: +0.21%
Market cap: $22.82M
Volume 24h: $406,758
Volatility (ann.): 9%

EUROT 0.8%Share of the two combined market caps99.2% EURE

Performance

EUROTEURE

7 days-0.88%+0.90%EURE
30 days-2.59%-3.45%EUROT

Correlation

-0.05over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0590d: 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	EUROT	EURE
Max drawdown (400d)	-3.4%	-4.3%
Risk-adjusted return (90d)	-0.32	-0.38

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

Token Teknoloji A.Ş. EURO →Monerium EUR emoney [OLD] →