Burger Money vs MemeCore

MemeCore (M) is 271393.8× the size of Burger Money (BURGERS) by market capitalisation. Over the past 30 days, BURGERS is ahead by 1.1 percentage points (BURGERS -24.2% against M -25.3%). Their daily returns move barely in opposite directions (correlation -0.14 across 23 shared trading days). M has been the more volatile of the two, at 107% annualised against BURGERS's 87%.

Correlation: -0.14
Size ratio: 1 : 271393.8
Ahead over 30 days: BURGERS

Burger MoneyBURGERS

$8.374e-8

24h: -7.76%
Market cap: $7,049
Volume 24h: $5
Volatility (ann.): 87%

MemeCoreM

$0.833658

24h: +0.68%
Market cap: $1.91B
Volume 24h: $2.09M
Volatility (ann.): 107%

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

Performance

BURGERSM

7 days-8.10%-20.13%BURGERS
30 days-24.24%-25.32%BURGERS

Correlation

-0.14over 23 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	BURGERS	M
Max drawdown (400d)	-30.5%	-41.1%
Risk-adjusted return (90d)	-0.20	-0.27

Relative strength over 90 days: M outperformed BURGERS by 12.8% — measured on the BURGERS/M ratio, so it holds regardless of market direction.

Burger Money →MemeCore →