BIAO on SOL vs MemeCore

MemeCore (M) is 12414.1× the size of BIAO on SOL (BIAO) by market capitalisation. Over the past 30 days, BIAO is ahead by 18.5 percentage points (BIAO -8.7% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.10 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against BIAO's 69%.

Correlation: -0.10
Size ratio: 1 : 12414.1
Ahead over 30 days: BIAO

BIAO on SOLBIAO

$0.000151

24h: +13.93%
Market cap: $150,855
Volume 24h: $1,670
Volatility (ann.): 69%

MemeCoreM

$0.816270

24h: -2.99%
Market cap: $1.87B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

BIAOM

7 days+2.33%-19.79%BIAO
30 days-8.75%-27.25%BIAO

Correlation

-0.10over 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	BIAO	M
Max drawdown (400d)	-20.4%	-41.1%
Risk-adjusted return (90d)	-0.10	-0.25

Relative strength over 90 days: BIAO outperformed M by 10.0% — measured on the BIAO/M ratio, so it holds regardless of market direction.

BIAO on SOL →MemeCore →