Baby Aster vs MemeCore

MemeCore (M) is 193432.7× the size of Baby Aster (BABYASTER) by market capitalisation. Over the past 30 days, BABYASTER is ahead by 16.1 percentage points (BABYASTER -11.1% against M -27.3%). Their daily returns move barely together (correlation 0.21 across 21 shared trading days). M has been the more volatile of the two, at 108% annualised against BABYASTER's 38%.

Correlation: 0.21
Size ratio: 1 : 193432.7
Ahead over 30 days: BABYASTER

Baby AsterBABYASTER

$2.293e-11

24h: —
Market cap: $9,630
Volume 24h: —
Volatility (ann.): 38%

MemeCoreM

$0.811942

24h: -3.98%
Market cap: $1.86B
Volume 24h: $675,352
Volatility (ann.): 108%

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

Performance

BABYASTERM

7 days-7.37%-19.79%BABYASTER
30 days-11.13%-27.25%BABYASTER

Correlation

0.21over 21 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	BABYASTER	M
Max drawdown (400d)	-12.7%	-41.1%
Risk-adjusted return (90d)	-0.28	-0.25

Relative strength over 90 days: M outperformed BABYASTER by 2.6% — measured on the BABYASTER/M ratio, so it holds regardless of market direction.

Baby Aster →MemeCore →