8chan vs MemeCore

MemeCore (M) is 62774.3× the size of 8chan (8CHAN) by market capitalisation. Over the past 30 days, 8CHAN is ahead by 0.8 percentage points (8CHAN -24.5% against M -25.3%). Their daily returns move barely in opposite directions (correlation -0.12 across 24 shared trading days). M has been the more volatile of the two, at 107% annualised against 8CHAN's 40%.

Correlation: -0.12
Size ratio: 1 : 62774.3
Ahead over 30 days: 8CHAN

8chan8CHAN

$6.642e-5

24h: +0.93%
Market cap: $29,968
Volume 24h: $50
Volatility (ann.): 40%

MemeCoreM

$0.819888

24h: -1.52%
Market cap: $1.88B
Volume 24h: $1.99M
Volatility (ann.): 107%

8CHAN 0.0%Share of the two combined market caps100.0% M

Performance

8CHANM

7 days-9.55%-20.13%8CHAN
30 days-24.47%-25.32%8CHAN

Correlation

-0.12over 24 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	8CHAN	M
Max drawdown (400d)	-25.1%	-41.1%
Risk-adjusted return (90d)	-0.59	-0.27

Relative strength over 90 days: M outperformed 8CHAN by 7.8% — measured on the 8CHAN/M ratio, so it holds regardless of market direction.

8chan →MemeCore →