BNBGUY vs MemeCore

MemeCore (M) is 69797.6× the size of BNBGUY (BNBGUY) by market capitalisation. Over the past 30 days, BNBGUY is ahead by 5.3 percentage points (BNBGUY -21.9% against M -27.3%). Their daily returns move barely together (correlation 0.18 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against BNBGUY's 64%.

Correlation: 0.18
Size ratio: 1 : 69797.6
Ahead over 30 days: BNBGUY

BNBGUYBNBGUY

$3.152e-5

24h: +3.50%
Market cap: $26,808
Volume 24h: $4
Volatility (ann.): 64%

MemeCoreM

$0.815514

24h: -3.26%
Market cap: $1.87B
Volume 24h: $1.65M
Volatility (ann.): 108%

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

Performance

BNBGUYM

7 days-3.84%-19.79%BNBGUY
30 days-21.95%-27.25%BNBGUY

Correlation

0.18over 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	BNBGUY	M
Max drawdown (400d)	-30.7%	-41.1%
Risk-adjusted return (90d)	-0.45	-0.25

Relative strength over 90 days: M outperformed BNBGUY by 5.0% — measured on the BNBGUY/M ratio, so it holds regardless of market direction.

BNBGUY →MemeCore →