BRAD vs MemeCore

MemeCore (M) is 39943.3× the size of BRAD (BRAD) by market capitalisation. Over the past 30 days, BRAD is ahead by 34.9 percentage points (BRAD +7.6% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.17 across 24 shared trading days). BRAD has been the more volatile of the two, at 258% annualised against M's 108%.

Correlation: -0.17
Size ratio: 1 : 39943.3
Ahead over 30 days: BRAD

BRADBRAD

$4.688e-5

24h: +5.27%
Market cap: $46,361
Volume 24h: $535
Volatility (ann.): 258%

MemeCoreM

$0.807109

24h: -4.52%
Market cap: $1.85B
Volume 24h: $698,664
Volatility (ann.): 108%

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

Performance

BRADM

7 days+39.65%-19.79%BRAD
30 days+7.63%-27.25%BRAD

Correlation

-0.17over 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	BRAD	M
Max drawdown (400d)	-58.2%	-41.1%
Risk-adjusted return (90d)	-0.03	-0.25

Relative strength over 90 days: BRAD outperformed M by 30.2% — measured on the BRAD/M ratio, so it holds regardless of market direction.

BRAD →MemeCore →