Chihuahua Chain vs MemeCore

MemeCore (M) is 5553.1× the size of Chihuahua Chain (HUAHUA) by market capitalisation. Over the past 30 days, HUAHUA is ahead by 34.1 percentage points (HUAHUA +7.0% against M -27.1%). Their daily returns move barely in opposite directions (correlation -0.08 across 20 shared trading days). HUAHUA has been the more volatile of the two, at 175% annualised against M's 108%.

Correlation: -0.08
Size ratio: 1 : 5553.1
Ahead over 30 days: HUAHUA

Chihuahua ChainHUAHUA

$3.100e-6

24h: -0.14%
Market cap: $354,070
Volume 24h: $160
Volatility (ann.): 175%

MemeCoreM

$0.857124

24h: +2.85%
Market cap: $1.97B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

HUAHUAM

7 days-9.13%-19.48%HUAHUA
30 days+6.98%-27.12%HUAHUA

Correlation

-0.08over 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	HUAHUA	M
Max drawdown (400d)	-22.8%	-41.1%
Risk-adjusted return (90d)	0.04	-0.23

Relative strength over 90 days: M outperformed HUAHUA by 1.7% — measured on the HUAHUA/M ratio, so it holds regardless of market direction.

Chihuahua Chain →MemeCore →