Baby Grok vs MemeCore

MemeCore (M) is 29179.4× the size of Baby Grok (BABYGROK) by market capitalisation. Over the past 30 days, BABYGROK is ahead by 16.2 percentage points (BABYGROK -11.0% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.08 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against BABYGROK's 32%.

Correlation: -0.08
Size ratio: 1 : 29179.4
Ahead over 30 days: BABYGROK

Baby GrokBABYGROK

$2.273e-10

24h: +3.38%
Market cap: $64,262
Volume 24h: $51
Volatility (ann.): 32%

MemeCoreM

$0.817322

24h: -2.82%
Market cap: $1.88B
Volume 24h: $1.69M
Volatility (ann.): 108%

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

Performance

BABYGROKM

7 days-5.33%-19.79%BABYGROK
30 days-11.04%-27.25%BABYGROK

Correlation

-0.08over 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	BABYGROK	M
Max drawdown (400d)	-12.8%	-41.1%
Risk-adjusted return (90d)	-0.30	-0.25

Relative strength over 90 days: BABYGROK outperformed M by 2.5% — measured on the BABYGROK/M ratio, so it holds regardless of market direction.

Baby Grok →MemeCore →