bǐngwǔ vs MEME HORSE

MEME HORSE (MHORSE) is 2931.0× the size of bǐngwǔ (丙午) by market capitalisation. Over the past 30 days, 丙午 is ahead by 7.2 percentage points (丙午 -25.5% against MHORSE -32.7%). Their daily returns move barely together (correlation 0.02 across 21 shared trading days). MHORSE has been the more volatile of the two, at 110% annualised against 丙午's 62%.

Correlation: 0.02
Size ratio: 1 : 2931.0
Ahead over 30 days: 丙午

bǐngwǔ丙午

$1.390e-5

24h: +3.68%
Market cap: $13,887
Volume 24h: $4
Volatility (ann.): 62%

MEME HORSEMHORSE

$0.040704

24h: -0.06%
Market cap: $40.70M
Volume 24h: $1.33M
Volatility (ann.): 110%

丙午 0.0%Share of the two combined market caps100.0% MHORSE

Performance

丙午MHORSE

7 days-7.78%+20.84%MHORSE
30 days-25.55%-32.70%丙午

Correlation

0.02over 21 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	丙午	MHORSE
Max drawdown (400d)	-26.6%	-44.4%
Risk-adjusted return (90d)	-0.35	-0.30

Relative strength over 90 days: 丙午 outperformed MHORSE by 7.2% — measured on the 丙午/MHORSE ratio, so it holds regardless of market direction.

bǐngwǔ →MEME HORSE →