Tribes vs GREEN MORNING

GREEN MORNING (GM) is 23.9× the size of Tribes (TRIBES) by market capitalisation. Over the past 30 days, TRIBES is ahead by 42.5 percentage points (TRIBES -57.2% against GM -99.8%). Their daily returns move barely together (correlation 0.29 across 42 shared trading days). GM has been the more volatile of the two, at 548472% annualised against TRIBES's 129%.

Correlation: 0.29
Size ratio: 1 : 23.9
Ahead over 30 days: TRIBES

TribesTRIBES

$0.000130

24h: —
Market cap: $130,201
Volume 24h: $59
Volatility (ann.): 129%

GREEN MORNINGGM

$0.003109

24h: +14.73%
Market cap: $3.11M
Volume 24h: $1.87M
Volatility (ann.): 548472%

TRIBES 4.0%Share of the two combined market caps96.0% GM

Performance

TRIBESGM

7 days-7.36%+13.87%GM
30 days-57.24%-99.79%TRIBES

Correlation

0.29over 42 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1390d: 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	TRIBES	GM
Max drawdown (400d)	-67.3%	-100.0%
Risk-adjusted return (90d)	-0.48	0.00

Relative strength over 90 days: GM outperformed TRIBES by 68.3% — measured on the TRIBES/GM ratio, so it holds regardless of market direction.

Tribes →GREEN MORNING →