Bad At Trading vs MemeCore

MemeCore (M) is 37993.8× the size of Bad At Trading (SOBAT) by market capitalisation. Over the past 30 days, M is ahead by 4.1 percentage points (SOBAT -31.4% 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 SOBAT's 86%.

Correlation: -0.02
Size ratio: 1 : 37993.8
Ahead over 30 days: M

Bad At TradingSOBAT

$4.793e-5

24h: -0.40%
Market cap: $47,911
Volume 24h: $6,036
Volatility (ann.): 86%

MemeCoreM

$0.793384

24h: -6.25%
Market cap: $1.82B
Volume 24h: $723,643
Volatility (ann.): 108%

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

Performance

SOBATM

7 days-13.67%-19.79%SOBAT
30 days-31.37%-27.25%M

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	SOBAT	M
Max drawdown (400d)	-33.7%	-41.1%
Risk-adjusted return (90d)	-0.39	-0.25

Relative strength over 90 days: M outperformed SOBAT by 17.3% — measured on the SOBAT/M ratio, so it holds regardless of market direction.

Bad At Trading →MemeCore →