Crazy Bunny (CRAZYBUNNY) and MemeCore (M) compared side by side. Over the past 30 days, M is ahead by 7.4 percentage points (CRAZYBUNNY -9.4% against M -2.0%). Their daily returns move barely in opposite directions (correlation -0.05 across 29 shared trading days). M has been the more volatile of the two, at 102% annualised against CRAZYBUNNY's 33%.
CRAZYBUNNYM
-0.05over 29 shared trading days
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.
| Metric | CRAZYBUNNY | M |
|---|---|---|
| Max drawdown (400d) | -14.4% | -41.1% |
| Risk-adjusted return (90d) | -0.37 | -0.28 |
Relative strength over 90 days: CRAZYBUNNY outperformed M by 5.1% — measured on the CRAZYBUNNY/M ratio, so it holds regardless of market direction.