Builders vs MemeCore

MemeCore (M) is 147565.1× the size of Builders (BUILDERS) by market capitalisation. Over the past 30 days, BUILDERS is ahead by 124.1 percentage points (BUILDERS +96.8% against M -27.3%). Their daily returns move loosely together (correlation 0.44 across 22 shared trading days). BUILDERS has been the more volatile of the two, at 4681% annualised against M's 108%.

Correlation: 0.44
Size ratio: 1 : 147565.1
Ahead over 30 days: BUILDERS

BuildersBUILDERS

$1.278e-5

24h: —
Market cap: $12,784
Volume 24h: $10
Volatility (ann.): 4681%

MemeCoreM

$0.822175

24h: -2.19%
Market cap: $1.89B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

BUILDERSM

7 days-2.44%-19.79%BUILDERS
30 days+96.81%-27.25%BUILDERS

Correlation

0.44over 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	BUILDERS	M
Max drawdown (400d)	-95.0%	-41.1%
Risk-adjusted return (90d)	0.02	-0.25

Relative strength over 90 days: M outperformed BUILDERS by 34.1% — measured on the BUILDERS/M ratio, so it holds regardless of market direction.

Builders →MemeCore →