Bubba vs MemeCore

MemeCore (M) is 113569.0× the size of Bubba (BUBBA) by market capitalisation. Over the past 30 days, BUBBA is ahead by 4.1 percentage points (BUBBA -23.2% against M -27.3%). Their daily returns move barely together (correlation 0.15 across 22 shared trading days). M has been the more volatile of the two, at 108% annualised against BUBBA's 55%.

Correlation: 0.15
Size ratio: 1 : 113569.0
Ahead over 30 days: BUBBA

BubbaBUBBA

$1.648e-5

24h: —
Market cap: $16,476
Volume 24h: —
Volatility (ann.): 55%

MemeCoreM

$0.815514

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

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

Performance

BUBBAM

7 days-6.16%-19.79%BUBBA
30 days-23.18%-27.25%BUBBA

Correlation

0.15over 22 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	BUBBA	M
Max drawdown (400d)	-25.6%	-41.1%
Risk-adjusted return (90d)	-0.36	-0.25

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

Bubba →MemeCore →