Aimonica Brands vs MemeCore

MemeCore (M) is 44863.4× the size of Aimonica Brands (AIMONICA) by market capitalisation. Over the past 30 days, AIMONICA is ahead by 6.2 percentage points (AIMONICA -21.0% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.06 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against AIMONICA's 41%.

Correlation: -0.06
Size ratio: 1 : 44863.4
Ahead over 30 days: AIMONICA

Aimonica BrandsAIMONICA

$4.175e-5

24h: +3.88%
Market cap: $41,743
Volume 24h: $12
Volatility (ann.): 41%

MemeCoreM

$0.816270

24h: -2.99%
Market cap: $1.87B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

AIMONICAM

7 days-4.15%-19.79%AIMONICA
30 days-21.04%-27.25%AIMONICA

Correlation

-0.06over 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	AIMONICA	M
Max drawdown (400d)	-26.7%	-41.1%
Risk-adjusted return (90d)	-0.50	-0.25

Relative strength over 90 days: M outperformed AIMONICA by 6.3% — measured on the AIMONICA/M ratio, so it holds regardless of market direction.

Aimonica Brands →MemeCore →