CTO Harambe vs MemeCore

MemeCore (M) is 47762.8× the size of CTO Harambe (HARAMBE) by market capitalisation. Over the past 30 days, HARAMBE is ahead by 20.0 percentage points (HARAMBE -5.3% against M -25.3%). Their daily returns move barely in opposite directions (correlation -0.25 across 23 shared trading days). HARAMBE has been the more volatile of the two, at 126% annualised against M's 107%.

Correlation: -0.25
Size ratio: 1 : 47762.8
Ahead over 30 days: HARAMBE

CTO HarambeHARAMBE

$3.947e-10

24h: —
Market cap: $39,466
Volume 24h: $40
Volatility (ann.): 126%

MemeCoreM

$0.821419

24h: +0.29%
Market cap: $1.89B
Volume 24h: $1.65M
Volatility (ann.): 107%

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

Performance

HARAMBEM

7 days+0.76%-20.13%HARAMBE
30 days-5.31%-25.32%HARAMBE

Correlation

-0.25over 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	HARAMBE	M
Max drawdown (400d)	-28.0%	-41.1%
Risk-adjusted return (90d)	-0.04	-0.27

Relative strength over 90 days: HARAMBE outperformed M by 43.2% — measured on the HARAMBE/M ratio, so it holds regardless of market direction.

CTO Harambe →MemeCore →