Biscotti vs MemeCore

MemeCore (M) is 1498.8× the size of Biscotti (BISCOTTI) by market capitalisation. Over the past 30 days, M is ahead by 15.0 percentage points (BISCOTTI -42.1% against M -27.1%). Their daily returns move barely together (correlation 0.17 across 24 shared trading days). BISCOTTI has been the more volatile of the two, at 441% annualised against M's 108%.

Correlation: 0.17
Size ratio: 1 : 1498.8
Ahead over 30 days: M

BiscottiBISCOTTI

$0.001298

24h: +5.62%
Market cap: $1.30M
Volume 24h: $4,637
Volatility (ann.): 441%

MemeCoreM

$0.847990

24h: -1.10%
Market cap: $1.95B
Volume 24h: $1.71M
Volatility (ann.): 108%

BISCOTTI 0.1%Share of the two combined market caps99.9% M

Performance

BISCOTTIM

7 days-16.01%-19.48%BISCOTTI
30 days-42.10%-27.12%M

Correlation

0.17over 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	BISCOTTI	M
Max drawdown (400d)	-65.0%	-41.1%
Risk-adjusted return (90d)	-0.05	-0.23

Relative strength over 90 days: M outperformed BISCOTTI by 26.4% — measured on the BISCOTTI/M ratio, so it holds regardless of market direction.

Biscotti →MemeCore →