币安汽车 (Bianqiche) vs MemeCore

MemeCore (M) is 63436.9× the size of 币安汽车 (Bianqiche) (币安汽车) by market capitalisation. Over the past 30 days, 币安汽车 is ahead by 10.9 percentage points (币安汽车 -14.4% against M -25.3%). Their daily returns move barely together (correlation 0.04 across 24 shared trading days). M has been the more volatile of the two, at 107% annualised against 币安汽车's 62%.

Correlation: 0.04
Size ratio: 1 : 63436.9
Ahead over 30 days: 币安汽车

币安汽车 (Bianqiche)币安汽车

$2.998e-5

24h: —
Market cap: $29,980
Volume 24h: $3
Volatility (ann.): 62%

MemeCoreM

$0.828819

24h: -0.52%
Market cap: $1.90B
Volume 24h: $2.10M
Volatility (ann.): 107%

币安汽车 0.0%Share of the two combined market caps100.0% M

Performance

币安汽车M

7 days-12.72%-20.13%币安汽车
30 days-14.37%-25.32%币安汽车

Correlation

0.04over 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	币安汽车	M
Max drawdown (400d)	-16.4%	-41.1%
Risk-adjusted return (90d)	-0.19	-0.27

Relative strength over 90 days: M outperformed 币安汽车 by 0.5% — measured on the 币安汽车/M ratio, so it holds regardless of market direction.

币安汽车 (Bianqiche) →MemeCore →