Blastar vs MemeCore

MemeCore (M) is 567244.4× the size of Blastar (BLASTAR) by market capitalisation. Over the past 30 days, BLASTAR is ahead by 22.5 percentage points (BLASTAR -4.8% against M -27.3%). Their daily returns move barely together (correlation 0.22 across 24 shared trading days). BLASTAR has been the more volatile of the two, at 4901% annualised against M's 108%.

Correlation: 0.22
Size ratio: 1 : 567244.4
Ahead over 30 days: BLASTAR

BlastarBLASTAR

$3.390e-6

24h: —
Market cap: $3,386
Volume 24h: —
Volatility (ann.): 4901%

MemeCoreM

$0.837205

24h: -3.22%
Market cap: $1.92B
Volume 24h: $767,002
Volatility (ann.): 108%

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

Performance

BLASTARM

7 days-25.88%-19.79%M
30 days-4.80%-27.25%BLASTAR

Correlation

0.22over 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	BLASTAR	M
Max drawdown (400d)	-96.0%	-41.1%
Risk-adjusted return (90d)	0.00	-0.25

Relative strength over 90 days: M outperformed BLASTAR by 80.8% — measured on the BLASTAR/M ratio, so it holds regardless of market direction.

Blastar →MemeCore →