Banano vs MemeCore

MemeCore (M) is 2553.4× the size of Banano (BAN) by market capitalisation. Over the past 30 days, BAN is ahead by 27.0 percentage points (BAN -0.1% against M -27.1%). Their daily returns move barely together (correlation 0.09 across 20 shared trading days). BAN has been the more volatile of the two, at 176% annualised against M's 108%.

Correlation: 0.09
Size ratio: 1 : 2553.4
Ahead over 30 days: BAN

BananoBAN

$0.000468

24h: -9.16%
Market cap: $758,756
Volume 24h: $277
Volatility (ann.): 176%

MemeCoreM

$0.844542

24h: -2.03%
Market cap: $1.94B
Volume 24h: $1.61M
Volatility (ann.): 108%

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

Performance

BANM

7 days+1.73%-19.48%BAN
30 days-0.12%-27.12%BAN

Correlation

0.09over 20 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	BAN	M
Max drawdown (400d)	-25.7%	-41.1%
Risk-adjusted return (90d)	0.00	-0.23

Relative strength over 90 days: M outperformed BAN by 6.2% — measured on the BAN/M ratio, so it holds regardless of market direction.

Banano →MemeCore →