AINFT vs MemeCore

MemeCore (M) is 8.4× the size of AINFT (NFT) by market capitalisation. Over the past 30 days, NFT is ahead by 25.9 percentage points (NFT -1.3% against M -27.3%). Their daily returns move barely together (correlation 0.21 across 57 shared trading days). M has been the more volatile of the two, at 108% annualised against NFT's 36%.

Correlation: 0.21
Size ratio: 1 : 8.4
Ahead over 30 days: NFT

AINFTNFT

$2.297e-7

24h: -1.40%
Market cap: $227.47M
Volume 24h: $18.73M
Volatility (ann.): 36%

MemeCoreM

$0.830662

24h: -1.86%
Market cap: $1.91B
Volume 24h: $1.68M
Volatility (ann.): 108%

NFT 10.7%Share of the two combined market caps89.3% M

Performance

NFTM

7 days-3.23%-19.79%NFT
30 days-1.32%-27.25%NFT

Correlation

0.21over 57 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1490d: 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	NFT	M
Max drawdown (400d)	-18.9%	-41.1%
Risk-adjusted return (90d)	-0.53	-0.25

Relative strength over 90 days: NFT outperformed M by 13.4% — measured on the NFT/M ratio, so it holds regardless of market direction.

AINFT →MemeCore →