Baby Neiro vs MemeCore

MemeCore (M) is 20160.3× the size of Baby Neiro (BABYNEIRO) by market capitalisation. Over the past 30 days, BABYNEIRO is ahead by 9.2 percentage points (BABYNEIRO -18.1% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.30 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against BABYNEIRO's 69%.

Correlation: -0.30
Size ratio: 1 : 20160.3
Ahead over 30 days: BABYNEIRO

Baby NeiroBABYNEIRO

$2.209e-13

24h: +4.49%
Market cap: $92,758
Volume 24h: $282
Volatility (ann.): 69%

MemeCoreM

$0.814658

24h: -3.93%
Market cap: $1.87B
Volume 24h: $724,648
Volatility (ann.): 108%

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

Performance

BABYNEIROM

7 days-5.56%-19.79%BABYNEIRO
30 days-18.09%-27.25%BABYNEIRO

Correlation

-0.30over 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	BABYNEIRO	M
Max drawdown (400d)	-23.4%	-41.1%
Risk-adjusted return (90d)	-0.20	-0.25

Relative strength over 90 days: M outperformed BABYNEIRO by 0.8% — measured on the BABYNEIRO/M ratio, so it holds regardless of market direction.

Baby Neiro →MemeCore →