dancing triangle vs MemeCore

MemeCore (M) is 39546.1× the size of dancing triangle (TRIANGLE) by market capitalisation. Over the past 30 days, TRIANGLE is ahead by 43.7 percentage points (TRIANGLE +18.3% against M -25.3%). Their daily returns move barely in opposite directions (correlation -0.16 across 25 shared trading days). TRIANGLE has been the more volatile of the two, at 132% annualised against M's 107%.

Correlation: -0.16
Size ratio: 1 : 39546.1
Ahead over 30 days: TRIANGLE

dancing triangleTRIANGLE

$5.200e-5

24h: -7.77%
Market cap: $48,943
Volume 24h: $402
Volatility (ann.): 132%

MemeCoreM

$0.843513

24h: +1.15%
Market cap: $1.94B
Volume 24h: $1.09M
Volatility (ann.): 107%

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

Performance

TRIANGLEM

7 days+40.71%-20.13%TRIANGLE
30 days+18.35%-25.32%TRIANGLE

Correlation

-0.16over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1690d: 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	TRIANGLE	M
Max drawdown (400d)	-20.4%	-41.1%
Risk-adjusted return (90d)	0.15	-0.27

Relative strength over 90 days: TRIANGLE outperformed M by 41.8% — measured on the TRIANGLE/M ratio, so it holds regardless of market direction.

dancing triangle →MemeCore →