Chickencoin vs MemeCore

MemeCore (M) is 1821.4× the size of Chickencoin (CHKN) by market capitalisation. Over the past 30 days, CHKN is ahead by 5.4 percentage points (CHKN -21.7% against M -27.1%). Their daily returns move barely together (correlation 0.34 across 28 shared trading days). M has been the more volatile of the two, at 108% annualised against CHKN's 64%.

Correlation: 0.34
Size ratio: 1 : 1821.4
Ahead over 30 days: CHKN

ChickencoinCHKN

$1.536e-8

24h: +0.31%
Market cap: $1.06M
Volume 24h: $45
Volatility (ann.): 64%

MemeCoreM

$0.841773

24h: -2.12%
Market cap: $1.93B
Volume 24h: $630,910
Volatility (ann.): 108%

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

Performance

CHKNM

7 days-2.07%-19.48%CHKN
30 days-21.75%-27.12%CHKN

Correlation

0.34over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3490d: 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	CHKN	M
Max drawdown (400d)	-24.4%	-41.1%
Risk-adjusted return (90d)	-0.34	-0.23

Relative strength over 90 days: M outperformed CHKN by 0.4% — measured on the CHKN/M ratio, so it holds regardless of market direction.

Chickencoin →MemeCore →