Astherus vs MemeCore

MemeCore (M) is 91062.3× the size of Astherus (ASTHERUS) by market capitalisation. Over the past 30 days, ASTHERUS is ahead by 12.3 percentage points (ASTHERUS -13.0% against M -25.3%). Their daily returns move barely together (correlation 0.09 across 25 shared trading days). M has been the more volatile of the two, at 107% annualised against ASTHERUS's 90%.

Correlation: 0.09
Size ratio: 1 : 91062.3
Ahead over 30 days: ASTHERUS

AstherusASTHERUS

$2.088e-5

24h: —
Market cap: $20,885
Volume 24h: $92
Volatility (ann.): 90%

MemeCoreM

$0.828819

24h: -0.52%
Market cap: $1.90B
Volume 24h: $2.10M
Volatility (ann.): 107%

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

Performance

ASTHERUSM

7 days-7.80%-20.13%ASTHERUS
30 days-12.99%-25.32%ASTHERUS

Correlation

0.09over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0990d: 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	ASTHERUS	M
Max drawdown (400d)	-32.4%	-41.1%
Risk-adjusted return (90d)	-0.36	-0.27

Relative strength over 90 days: M outperformed ASTHERUS by 8.2% — measured on the ASTHERUS/M ratio, so it holds regardless of market direction.

Astherus →MemeCore →