Chain Talk Daily vs MemeCore

MemeCore (M) is 67204.9× the size of Chain Talk Daily (CTD) by market capitalisation. Over the past 30 days, CTD is ahead by 14.1 percentage points (CTD -11.3% against M -25.3%). Their daily returns move barely in opposite directions (correlation -0.30 across 20 shared trading days). M has been the more volatile of the two, at 107% annualised against CTD's 56%.

Correlation: -0.30
Size ratio: 1 : 67204.9
Ahead over 30 days: CTD

Chain Talk DailyCTD

$2.831e-5

24h: -3.41%
Market cap: $28,307
Volume 24h: $34
Volatility (ann.): 56%

MemeCoreM

$0.829019

24h: -0.36%
Market cap: $1.90B
Volume 24h: $2.10M
Volatility (ann.): 107%

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

Performance

CTDM

7 days+6.10%-20.13%CTD
30 days-11.26%-25.32%CTD

Correlation

-0.30over 20 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	CTD	M
Max drawdown (400d)	-19.3%	-41.1%
Risk-adjusted return (90d)	-0.20	-0.27

Relative strength over 90 days: CTD outperformed M by 14.8% — measured on the CTD/M ratio, so it holds regardless of market direction.

Chain Talk Daily →MemeCore →