Baby DragonX vs MemeCore

MemeCore (M) is 27092.5× the size of Baby DragonX (BDX) by market capitalisation. Over the past 30 days, BDX is ahead by 17.6 percentage points (BDX -9.7% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.00 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against BDX's 94%.

Correlation: -0.00
Size ratio: 1 : 27092.5
Ahead over 30 days: BDX

Baby DragonXBDX

$6.916e-7

24h: +1.32%
Market cap: $68,351
Volume 24h: $104
Volatility (ann.): 94%

MemeCoreM

$0.807102

24h: -4.78%
Market cap: $1.85B
Volume 24h: $1.48M
Volatility (ann.): 108%

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

Performance

BDXM

7 days-2.96%-19.79%BDX
30 days-9.68%-27.25%BDX

Correlation

-0.00over 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	BDX	M
Max drawdown (400d)	-19.7%	-41.1%
Risk-adjusted return (90d)	-0.15	-0.25

Relative strength over 90 days: M outperformed BDX by 4.8% — measured on the BDX/M ratio, so it holds regardless of market direction.

Baby DragonX →MemeCore →