Tottenham Hotspur FC Fan Token vs Galatasaray Fan Token

Galatasaray Fan Token (GAL) is 12.3× the size of Tottenham Hotspur FC Fan Token (SPURS) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.11 across 31 shared trading days). SPURS has been the more volatile of the two, at 58% annualised against GAL's 18%.

Correlation: -0.11
Size ratio: 1 : 12.3

Tottenham Hotspur FC Fan TokenSPURS

$0.040809

24h: -0.50%
Market cap: $592,271
Volume 24h: $10,002
Volatility (ann.): 58%

Galatasaray Fan TokenGAL

$0.804027

24h: -0.50%
Market cap: $7.29M
Volume 24h: $572,380
Volatility (ann.): 18%

SPURS 7.5%Share of the two combined market caps92.5% GAL

Performance

SPURSGAL

7 days-1.48%-2.20%SPURS
30 days-12.89%-14.73%SPURS
90 days-48.91%——
1 year-87.45%——

Correlation

-0.11over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1190d: 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	SPURS	GAL
Max drawdown (400d)	-87.7%	-14.7%
Risk-adjusted return (90d)	-0.62	-0.82

Relative strength over 90 days: SPURS outperformed GAL by 2.2% — measured on the SPURS/GAL ratio, so it holds regardless of market direction.

Tottenham Hotspur FC Fan Token →Galatasaray Fan Token →