alright buddy vs MemeCore

MemeCore (M) is 3764.2× the size of alright buddy (BUDDY) by market capitalisation. Over the past 30 days, M is ahead by 21.2 percentage points (BUDDY -48.4% against M -27.1%). Their daily returns move barely together (correlation 0.06 across 28 shared trading days). BUDDY has been the more volatile of the two, at 239% annualised against M's 108%.

Correlation: 0.06
Size ratio: 1 : 3764.2
Ahead over 30 days: M

alright buddyBUDDY

$0.000513

24h: -2.48%
Market cap: $512,803
Volume 24h: $1,468
Volatility (ann.): 239%

MemeCoreM

$0.841470

24h: -1.15%
Market cap: $1.93B
Volume 24h: $515,323
Volatility (ann.): 108%

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

Performance

BUDDYM

7 days-18.61%-19.48%BUDDY
30 days-48.36%-27.12%M

Correlation

0.06over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0690d: 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	BUDDY	M
Max drawdown (400d)	-72.6%	-41.1%
Risk-adjusted return (90d)	-0.28	-0.23

Relative strength over 90 days: M outperformed BUDDY by 58.7% — measured on the BUDDY/M ratio, so it holds regardless of market direction.

alright buddy →MemeCore →