Artificial Baby Inu (ABI) and MemeCore (M) compared side by side. Over the past 30 days, M is ahead by 43.8 percentage points (ABI -70.9% against M -27.1%). Their daily returns move barely together (correlation 0.14 across 22 shared trading days). ABI has been the more volatile of the two, at 239% annualised against M's 108%.
ABIM
0.14over 22 shared trading days
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.
| Metric | ABI | M |
|---|---|---|
| Max drawdown (400d) | -76.3% | -41.1% |
| Risk-adjusted return (90d) | -0.30 | -0.23 |
Relative strength over 90 days: M outperformed ABI by 35.0% — measured on the ABI/M ratio, so it holds regardless of market direction.