Bearly Legal vs MemeCore

MemeCore (M) is 27070.9× the size of Bearly Legal (BEAR) by market capitalisation. Over the past 30 days, M is ahead by 4.6 percentage points (BEAR -31.9% against M -27.3%). Their daily returns move barely together (correlation 0.01 across 24 shared trading days). BEAR has been the more volatile of the two, at 151% annualised against M's 108%.

Correlation: 0.01
Size ratio: 1 : 27070.9
Ahead over 30 days: M

Bearly LegalBEAR

$0.000691

24h: +5.35%
Market cap: $69,079
Volume 24h: $324
Volatility (ann.): 151%

MemeCoreM

$0.814658

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

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

Performance

BEARM

7 days+20.21%-19.79%BEAR
30 days-31.86%-27.25%M

Correlation

0.01over 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	BEAR	M
Max drawdown (400d)	-43.3%	-41.1%
Risk-adjusted return (90d)	-0.21	-0.25

Relative strength over 90 days: BEAR outperformed M by 1.4% — measured on the BEAR/M ratio, so it holds regardless of market direction.

Bearly Legal →MemeCore →