BULL vs MemeCore

MemeCore (M) is 170396.6× the size of BULL (BULL) by market capitalisation. Over the past 30 days, BULL is ahead by 19.6 percentage points (BULL -7.7% against M -27.3%). Their daily returns move barely together (correlation 0.03 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against BULL's 53%.

Correlation: 0.03
Size ratio: 1 : 170396.6
Ahead over 30 days: BULL

BULLBULL

$1.100e-5

24h: +6.00%
Market cap: $10,990
Volume 24h: $548
Volatility (ann.): 53%

MemeCoreM

$0.816270

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

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

Performance

BULLM

7 days-7.74%-19.79%BULL
30 days-7.67%-27.25%BULL

Correlation

0.03over 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	BULL	M
Max drawdown (400d)	-13.8%	-41.1%
Risk-adjusted return (90d)	-0.10	-0.25

Relative strength over 90 days: BULL outperformed M by 0.0% — measured on the BULL/M ratio, so it holds regardless of market direction.

BULL →MemeCore →