Buy the DIP vs MemeCore

MemeCore (M) is 775.1× the size of Buy the DIP (DIP) by market capitalisation. Over the past 30 days, DIP is ahead by 42.3 percentage points (DIP +15.2% against M -27.1%). Their daily returns move barely together (correlation 0.27 across 21 shared trading days). M has been the more volatile of the two, at 108% annualised against DIP's 79%.

Correlation: 0.27
Size ratio: 1 : 775.1
Ahead over 30 days: DIP

Buy the DIPDIP

$0.000252

24h: +1.42%
Market cap: $2.52M
Volume 24h: $175
Volatility (ann.): 79%

MemeCoreM

$0.850179

24h: -0.28%
Market cap: $1.95B
Volume 24h: $1.79M
Volatility (ann.): 108%

DIP 0.1%Share of the two combined market caps99.9% M

Performance

DIPM

7 days+3.03%-19.48%DIP
30 days+15.17%-27.12%DIP

Correlation

0.27over 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	DIP	M
Max drawdown (400d)	-10.6%	-41.1%
Risk-adjusted return (90d)	0.19	-0.23

Relative strength over 90 days: DIP outperformed M by 7.0% — measured on the DIP/M ratio, so it holds regardless of market direction.

Buy the DIP →MemeCore →