CATERPILLAR vs MemeCore

MemeCore (M) is 10905.6× the size of CATERPILLAR (CPL) by market capitalisation. Over the past 30 days, M is ahead by 1.4 percentage points (CPL -28.6% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.01 across 23 shared trading days). M has been the more volatile of the two, at 108% annualised against CPL's 87%.

Correlation: -0.01
Size ratio: 1 : 10905.6
Ahead over 30 days: M

CATERPILLARCPL

$4.998e-9

24h: +3.29%
Market cap: $170,813
Volume 24h: $6,075
Volatility (ann.): 87%

MemeCoreM

$0.811942

24h: -3.98%
Market cap: $1.86B
Volume 24h: $675,352
Volatility (ann.): 108%

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

Performance

CPLM

7 days+17.62%-19.79%CPL
30 days-28.65%-27.25%M

Correlation

-0.01over 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	CPL	M
Max drawdown (400d)	-40.5%	-41.1%
Risk-adjusted return (90d)	-0.34	-0.25

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

CATERPILLAR →MemeCore →