COCO COIN vs MemeCore

MemeCore (M) is 15035.9× the size of COCO COIN (COCO) by market capitalisation. Over the past 30 days, COCO is ahead by 26.5 percentage points (COCO -0.8% against M -27.3%). Their daily returns move barely together (correlation 0.01 across 23 shared trading days). M has been the more volatile of the two, at 108% annualised against COCO's 7%.

Correlation: 0.01
Size ratio: 1 : 15035.9
Ahead over 30 days: COCO

COCO COINCOCO

$3.590e-6

24h: +0.11%
Market cap: $122,930
Volume 24h: $90
Volatility (ann.): 7%

MemeCoreM

$0.805602

24h: -5.29%
Market cap: $1.85B
Volume 24h: $1.47M
Volatility (ann.): 108%

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

Performance

COCOM

7 days-1.15%-19.79%COCO
30 days-0.77%-27.25%COCO

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	COCO	M
Max drawdown (400d)	-2.8%	-41.1%
Risk-adjusted return (90d)	-0.10	-0.25

Relative strength over 90 days: COCO outperformed M by 8.2% — measured on the COCO/M ratio, so it holds regardless of market direction.

COCO COIN →MemeCore →