Baby Shark Universe vs MemeCore

MemeCore (M) is 1043.8× the size of Baby Shark Universe (BSU) by market capitalisation. Over the past 30 days, M is ahead by 33.5 percentage points (BSU -60.6% against M -27.1%). Their daily returns move loosely together (correlation 0.47 across 30 shared trading days). BSU has been the more volatile of the two, at 132% annualised against M's 108%.

Correlation: 0.47
Size ratio: 1 : 1043.8
Ahead over 30 days: M

Baby Shark UniverseBSU

$0.002176

24h: -1.28%
Market cap: $1.85M
Volume 24h: $1.04M
Volatility (ann.): 132%

MemeCoreM

$0.841470

24h: -1.15%
Market cap: $1.93B
Volume 24h: $515,323
Volatility (ann.): 108%

BSU 0.1%Share of the two combined market caps99.9% M

Performance

BSUM

7 days-31.19%-19.48%M
30 days-60.63%-27.12%M

Correlation

0.47over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4790d: 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	BSU	M
Max drawdown (400d)	-60.9%	-41.1%
Risk-adjusted return (90d)	-0.46	-0.23

Relative strength over 90 days: M outperformed BSU by 50.5% — measured on the BSU/M ratio, so it holds regardless of market direction.

Baby Shark Universe →MemeCore →