BIRDFLU vs MemeCore

MemeCore (M) is 206770.1× the size of BIRDFLU ($BIRDFLU) by market capitalisation. Over the past 30 days, $BIRDFLU is ahead by 7.1 percentage points ($BIRDFLU -20.2% against M -27.3%). Their daily returns move barely together (correlation 0.05 across 22 shared trading days). $BIRDFLU has been the more volatile of the two, at 191% annualised against M's 108%.

Correlation: 0.05
Size ratio: 1 : 206770.1
Ahead over 30 days: $BIRDFLU

BIRDFLU$BIRDFLU

$9.010e-6

24h: +0.65%
Market cap: $9,009
Volume 24h: $94
Volatility (ann.): 191%

MemeCoreM

$0.811942

24h: -3.98%
Market cap: $1.86B
Volume 24h: $675,352
Volatility (ann.): 108%

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

Performance

$BIRDFLUM

7 days-3.15%-19.79%$BIRDFLU
30 days-20.18%-27.25%$BIRDFLU

Correlation

0.05over 22 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	$BIRDFLU	M
Max drawdown (400d)	-27.6%	-41.1%
Risk-adjusted return (90d)	-0.10	-0.25

Relative strength over 90 days: M outperformed $BIRDFLU by 4.1% — measured on the $BIRDFLU/M ratio, so it holds regardless of market direction.

BIRDFLU →MemeCore →