BRAT vs MemeCore

MemeCore (M) is 7130.6× the size of BRAT (BRAT) by market capitalisation. Over the past 30 days, BRAT is ahead by 51.8 percentage points (BRAT +24.6% against M -27.3%). Their daily returns move loosely in opposite directions (correlation -0.41 across 20 shared trading days). BRAT has been the more volatile of the two, at 262% annualised against M's 108%.

Correlation: -0.41
Size ratio: 1 : 7130.6
Ahead over 30 days: BRAT

BRATBRAT

$0.000262

24h: +1.48%
Market cap: $262,633
Volume 24h: $271
Volatility (ann.): 262%

MemeCoreM

$0.816270

24h: -2.99%
Market cap: $1.87B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

BRATM

7 days+8.00%-19.79%BRAT
30 days+24.55%-27.25%BRAT

Correlation

-0.41over 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	BRAT	M
Max drawdown (400d)	-45.8%	-41.1%
Risk-adjusted return (90d)	0.09	-0.25

Relative strength over 90 days: M outperformed BRAT by 8.3% — measured on the BRAT/M ratio, so it holds regardless of market direction.

BRAT →MemeCore →