AmericaFirst vs MemeCore

MemeCore (M) is 8476941.2× the size of AmericaFirst (AMERICAFIRST) by market capitalisation. Over the past 30 days, AMERICAFIRST is ahead by 38.9 percentage points (AMERICAFIRST +11.6% against M -27.3%). Their daily returns move barely together (correlation 0.12 across 20 shared trading days). AMERICAFIRST has been the more volatile of the two, at 180% annualised against M's 108%.

Correlation: 0.12
Size ratio: 1 : 8476941.2
Ahead over 30 days: AMERICAFIRST

AmericaFirstAMERICAFIRST

$2.276e-7

24h: -1.26%
Market cap: $228
Volume 24h: $86
Volatility (ann.): 180%

MemeCoreM

$0.841021

24h: -2.17%
Market cap: $1.93B
Volume 24h: $1.95M
Volatility (ann.): 108%

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

Performance

AMERICAFIRSTM

7 days+1.83%-19.79%AMERICAFIRST
30 days+11.65%-27.25%AMERICAFIRST

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	AMERICAFIRST	M
Max drawdown (400d)	-32.6%	-41.1%
Risk-adjusted return (90d)	0.06	-0.25

Relative strength over 90 days: AMERICAFIRST outperformed M by 38.2% — measured on the AMERICAFIRST/M ratio, so it holds regardless of market direction.

AmericaFirst →MemeCore →