401K vs MemeCore

MemeCore (M) is 171703.5× the size of 401K (401K) by market capitalisation. Over the past 30 days, M is ahead by 7.0 percentage points (401K -34.3% against M -27.3%). Their daily returns move barely together (correlation 0.12 across 20 shared trading days). M has been the more volatile of the two, at 108% annualised against 401K's 80%.

Correlation: 0.12
Size ratio: 1 : 171703.5
Ahead over 30 days: M

401K401K

$1.144e-5

24h: —
Market cap: $10,897
Volume 24h: $33
Volatility (ann.): 80%

MemeCoreM

$0.815514

24h: -3.26%
Market cap: $1.87B
Volume 24h: $1.65M
Volatility (ann.): 108%

401K 0.0%Share of the two combined market caps100.0% M

Performance

401KM

7 days-14.86%-19.79%401K
30 days-34.29%-27.25%M

Correlation

0.12over 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	401K	M
Max drawdown (400d)	-35.8%	-41.1%
Risk-adjusted return (90d)	-0.43	-0.25

Relative strength over 90 days: M outperformed 401K by 23.2% — measured on the 401K/M ratio, so it holds regardless of market direction.

401K →MemeCore →