Burn Reward Systeam vs MemeCore

MemeCore (M) is 280070.1× the size of Burn Reward Systeam (BURN) by market capitalisation. Over the past 30 days, BURN is ahead by 13.8 percentage points (BURN -13.4% against M -27.3%). Their daily returns move barely together (correlation 0.14 across 21 shared trading days). M has been the more volatile of the two, at 108% annualised against BURN's 39%.

Correlation: 0.14
Size ratio: 1 : 280070.1
Ahead over 30 days: BURN

Burn Reward SysteamBURN

$0.000351

24h: +3.52%
Market cap: $6,683
Volume 24h: $39
Volatility (ann.): 39%

MemeCoreM

$0.815789

24h: -3.28%
Market cap: $1.87B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

BURNM

7 days-8.26%-19.79%BURN
30 days-13.41%-27.25%BURN

Correlation

0.14over 21 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	BURN	M
Max drawdown (400d)	-16.6%	-41.1%
Risk-adjusted return (90d)	-0.34	-0.25

Relative strength over 90 days: M outperformed BURN by 1.1% — measured on the BURN/M ratio, so it holds regardless of market direction.

Burn Reward Systeam →MemeCore →