Ava AI vs MemeCore

MemeCore (M) is 299.9× the size of Ava AI (AVA) by market capitalisation. Over the past 30 days, AVA is ahead by 4.4 percentage points (AVA -22.7% against M -27.1%). Their daily returns move barely together (correlation 0.31 across 32 shared trading days). AVA has been the more volatile of the two, at 139% annualised against M's 108%.

Correlation: 0.31
Size ratio: 1 : 299.9
Ahead over 30 days: AVA

Ava AIAVA

$0.006443

24h: -4.88%
Market cap: $6.44M
Volume 24h: $1.84M
Volatility (ann.): 139%

MemeCoreM

$0.841525

24h: -1.81%
Market cap: $1.93B
Volume 24h: $629,418
Volatility (ann.): 108%

AVA 0.3%Share of the two combined market caps99.7% M

Performance

AVAM

7 days-8.12%-19.48%AVA
30 days-22.73%-27.12%AVA

Correlation

0.31over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3190d: 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	AVA	M
Max drawdown (400d)	-44.1%	-41.1%
Risk-adjusted return (90d)	-0.17	-0.23

Relative strength over 90 days: M outperformed AVA by 4.0% — measured on the AVA/M ratio, so it holds regardless of market direction.

Ava AI →MemeCore →