Blub vs MemeCore

MemeCore (M) is 70647.7× the size of Blub (BLUB) by market capitalisation. Over the past 30 days, M is ahead by 4.0 percentage points (BLUB -29.4% against M -25.3%). Their daily returns move barely in opposite directions (correlation -0.11 across 23 shared trading days). M has been the more volatile of the two, at 107% annualised against BLUB's 90%.

Correlation: -0.11
Size ratio: 1 : 70647.7
Ahead over 30 days: M

BlubBLUB

$2.692e-5

24h: —
Market cap: $26,920
Volume 24h: $1
Volatility (ann.): 90%

MemeCoreM

$0.828819

24h: -0.52%
Market cap: $1.90B
Volume 24h: $2.10M
Volatility (ann.): 107%

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

Performance

BLUBM

7 days-3.31%-20.13%BLUB
30 days-29.36%-25.32%M

Correlation

-0.11over 23 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	BLUB	M
Max drawdown (400d)	-31.0%	-41.1%
Risk-adjusted return (90d)	-0.33	-0.27

Relative strength over 90 days: M outperformed BLUB by 21.7% — measured on the BLUB/M ratio, so it holds regardless of market direction.

Blub →MemeCore →