Business Coin vs MemeCore

MemeCore (M) is 10548.3× the size of Business Coin (BUSINESS) by market capitalisation. Over the past 30 days, M is ahead by 14.3 percentage points (BUSINESS -41.5% against M -27.3%). Their daily returns move barely together (correlation 0.18 across 23 shared trading days). M has been the more volatile of the two, at 108% annualised against BUSINESS's 87%.

Correlation: 0.18
Size ratio: 1 : 10548.3
Ahead over 30 days: M

Business CoinBUSINESS

$0.000190

24h: +6.62%
Market cap: $180,667
Volume 24h: $102
Volatility (ann.): 87%

MemeCoreM

$0.830662

24h: -1.86%
Market cap: $1.91B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

BUSINESSM

7 days-4.21%-19.79%BUSINESS
30 days-41.55%-27.25%M

Correlation

0.18over 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	BUSINESS	M
Max drawdown (400d)	-46.8%	-41.1%
Risk-adjusted return (90d)	-0.52	-0.25

Relative strength over 90 days: M outperformed BUSINESS by 23.0% — measured on the BUSINESS/M ratio, so it holds regardless of market direction.

Business Coin →MemeCore →