Baby World Liberty Financial vs MemeCore

MemeCore (M) is 34591.4× the size of Baby World Liberty Financial (BABYWLFI) by market capitalisation. Over the past 30 days, BABYWLFI is ahead by 17.1 percentage points (BABYWLFI -10.1% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.02 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against BABYWLFI's 40%.

Correlation: -0.02
Size ratio: 1 : 34591.4
Ahead over 30 days: BABYWLFI

Baby World Liberty FinancialBABYWLFI

$6.042e-7

24h: +4.63%
Market cap: $54,379
Volume 24h: $499
Volatility (ann.): 40%

MemeCoreM

$0.819829

24h: -0.78%
Market cap: $1.88B
Volume 24h: $1.69M
Volatility (ann.): 108%

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

Performance

BABYWLFIM

7 days+3.78%-19.79%BABYWLFI
30 days-10.13%-27.25%BABYWLFI

Correlation

-0.02over 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	BABYWLFI	M
Max drawdown (400d)	-16.9%	-41.1%
Risk-adjusted return (90d)	-0.24	-0.25

Relative strength over 90 days: BABYWLFI outperformed M by 6.0% — measured on the BABYWLFI/M ratio, so it holds regardless of market direction.

Baby World Liberty Financial →MemeCore →