Akita Inu [OLD] vs MemeCore

MemeCore (M) is 4863.7× the size of Akita Inu [OLD] (AKITA) by market capitalisation. Over the past 30 days, AKITA is ahead by 9.8 percentage points (AKITA -17.5% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.27 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against AKITA's 58%.

Correlation: -0.27
Size ratio: 1 : 4863.7
Ahead over 30 days: AKITA

Akita Inu [OLD]AKITA

$4.266e-9

24h: +8.06%
Market cap: $393,227
Volume 24h: $74
Volatility (ann.): 58%

MemeCoreM

$0.833652

24h: -3.29%
Market cap: $1.91B
Volume 24h: $1.95M
Volatility (ann.): 108%

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

Performance

AKITAM

7 days+2.59%-19.79%AKITA
30 days-17.46%-27.25%AKITA

Correlation

-0.27over 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	AKITA	M
Max drawdown (400d)	-23.8%	-41.1%
Risk-adjusted return (90d)	-0.28	-0.25

Relative strength over 90 days: AKITA outperformed M by 2.9% — measured on the AKITA/M ratio, so it holds regardless of market direction.

Akita Inu [OLD] →MemeCore →