ARC BAT vs MemeCore

MemeCore (M) is 35964.0× the size of ARC BAT (ARCBAT) by market capitalisation. Over the past 30 days, ARCBAT is ahead by 7.9 percentage points (ARCBAT -19.4% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.22 across 24 shared trading days). ARCBAT has been the more volatile of the two, at 243% annualised against M's 108%.

Correlation: -0.22
Size ratio: 1 : 35964.0
Ahead over 30 days: ARCBAT

ARC BATARCBAT

$5.822e-5

24h: -8.92%
Market cap: $53,008
Volume 24h: $957
Volatility (ann.): 243%

MemeCoreM

$0.830929

24h: -2.46%
Market cap: $1.91B
Volume 24h: $1.63M
Volatility (ann.): 108%

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

Performance

ARCBATM

7 days+55.43%-19.79%ARCBAT
30 days-19.39%-27.25%ARCBAT

Correlation

-0.22over 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	ARCBAT	M
Max drawdown (400d)	-51.3%	-41.1%
Risk-adjusted return (90d)	0.07	-0.25

Relative strength over 90 days: ARCBAT outperformed M by 26.2% — measured on the ARCBAT/M ratio, so it holds regardless of market direction.

ARC BAT →MemeCore →