BNB Wallstreet Bull vs MemeCore

MemeCore (M) is 146659.6× the size of BNB Wallstreet Bull (WBULL) by market capitalisation. Over the past 30 days, M is ahead by 9.2 percentage points (WBULL -34.6% against M -25.3%). Their daily returns move barely together (correlation 0.16 across 25 shared trading days). M has been the more volatile of the two, at 107% annualised against WBULL's 65%.

Correlation: 0.16
Size ratio: 1 : 146659.6
Ahead over 30 days: M

BNB Wallstreet BullWBULL

$1.304e-5

24h: -3.91%
Market cap: $13,044
Volume 24h: $10
Volatility (ann.): 65%

MemeCoreM

$0.833658

24h: +0.68%
Market cap: $1.91B
Volume 24h: $2.09M
Volatility (ann.): 107%

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

Performance

WBULLM

7 days-20.50%-20.13%M
30 days-34.56%-25.32%M

Correlation

0.16over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1690d: 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	WBULL	M
Max drawdown (400d)	-35.6%	-41.1%
Risk-adjusted return (90d)	-0.52	-0.27

Relative strength over 90 days: M outperformed WBULL by 24.0% — measured on the WBULL/M ratio, so it holds regardless of market direction.

BNB Wallstreet Bull →MemeCore →