BOOP vs MemeCore

MemeCore (M) is 1569.4× the size of BOOP (BOOP) by market capitalisation. Over the past 30 days, BOOP is ahead by 20.8 percentage points (BOOP -6.3% against M -27.1%). Their daily returns move loosely in opposite directions (correlation -0.40 across 20 shared trading days). M has been the more volatile of the two, at 108% annualised against BOOP's 7%.

Correlation: -0.40
Size ratio: 1 : 1569.4
Ahead over 30 days: BOOP

BOOPBOOP

$0.004005

24h: -0.30%
Market cap: $1.25M
Volume 24h: $52,615
Volatility (ann.): 7%

MemeCoreM

$0.857124

24h: +2.85%
Market cap: $1.97B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

BOOPM

7 days-0.38%-19.48%BOOP
30 days-6.33%-27.12%BOOP

Correlation

-0.40over 20 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	BOOP	M
Max drawdown (400d)	-6.5%	-41.1%
Risk-adjusted return (90d)	-0.91	-0.23

Relative strength over 90 days: M outperformed BOOP by 11.8% — measured on the BOOP/M ratio, so it holds regardless of market direction.

BOOP →MemeCore →