Virl.fun vs Moo Deng

Moo Deng (MOODENG) is 1989.2× the size of Virl.fun (VIRL) by market capitalisation. Over the past 30 days, MOODENG is ahead by 24.0 percentage points (VIRL -43.5% against MOODENG -19.5%). Their daily returns move barely together (correlation 0.14 across 20 shared trading days). Both have run at a similar volatility, around 107% annualised.

Correlation: 0.14
Size ratio: 1 : 1989.2
Ahead over 30 days: MOODENG

Virl.funVIRL

$1.630e-5

24h: +3.36%
Market cap: $16,279
Volume 24h: $10
Volatility (ann.): 113%

Moo DengMOODENG

$0.032711

24h: -6.53%
Market cap: $32.38M
Volume 24h: $7.01M
Volatility (ann.): 100%

VIRL 0.1%Share of the two combined market caps99.9% MOODENG

Performance

VIRLMOODENG

7 days-7.67%-7.63%MOODENG
30 days-43.51%-19.52%MOODENG

Correlation

0.14over 20 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	VIRL	MOODENG
Max drawdown (400d)	-43.8%	-35.4%
Risk-adjusted return (90d)	-0.37	-0.31

Relative strength over 90 days: MOODENG outperformed VIRL by 0.6% — measured on the VIRL/MOODENG ratio, so it holds regardless of market direction.

Virl.fun →Moo Deng →