Wise Monkey vs MarsCoin

MarsCoin (MARSCOIN) is 170.1× the size of Wise Monkey (MONKY) by market capitalisation. Over the past 30 days, MONKY is ahead by 41.2 percentage points (MONKY -10.5% against MARSCOIN -51.7%). Their daily returns move barely together (correlation 0.27 across 35 shared trading days). MARSCOIN has been the more volatile of the two, at 218% annualised against MONKY's 42%.

Correlation: 0.27
Size ratio: 1 : 170.1
Ahead over 30 days: MONKY

Wise MonkeyMONKY

$3.503e-8

24h: +3.38%
Market cap: $297,713
Volume 24h: $73
Volatility (ann.): 42%

MarsCoinMARSCOIN

$0.050600

24h: +3.37%
Market cap: $50.64M
Volume 24h: $9.83M
Volatility (ann.): 218%

MONKY 0.6%Share of the two combined market caps99.4% MARSCOIN

Performance

MONKYMARSCOIN

7 days-5.18%-24.96%MONKY
30 days-10.52%-51.71%MONKY

Correlation

0.27over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2990d: 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	MONKY	MARSCOIN
Max drawdown (400d)	-12.9%	-79.2%
Risk-adjusted return (90d)	-0.19	-0.34

Relative strength over 90 days: MONKY outperformed MARSCOIN by 131.4% — measured on the MONKY/MARSCOIN ratio, so it holds regardless of market direction.

Wise Monkey →MarsCoin →