Dark MAGA vs Melania Meme

Melania Meme (MELANIA) is 1011.5× the size of Dark MAGA (DMAGA) by market capitalisation. Over the past 30 days, DMAGA is ahead by 8.3 percentage points (DMAGA -25.5% against MELANIA -33.8%). Their daily returns move barely together (correlation 0.09 across 22 shared trading days). MELANIA has been the more volatile of the two, at 111% annualised against DMAGA's 54%.

Correlation: 0.09
Size ratio: 1 : 1011.5
Ahead over 30 days: DMAGA

Dark MAGADMAGA

$6.416e-5

24h: -1.43%
Market cap: $64,149
Volume 24h: $1,483
Volatility (ann.): 54%

Melania MemeMELANIA

$0.064896

24h: -6.78%
Market cap: $64.88M
Volume 24h: $7.74M
Volatility (ann.): 111%

DMAGA 0.1%Share of the two combined market caps99.9% MELANIA

Performance

DMAGAMELANIA

7 days-11.77%-22.90%DMAGA
30 days-25.50%-33.84%DMAGA

Correlation

0.09over 22 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	DMAGA	MELANIA
Max drawdown (400d)	-28.1%	-41.2%
Risk-adjusted return (90d)	-0.52	-0.03

Relative strength over 90 days: DMAGA outperformed MELANIA by 13.9% — measured on the DMAGA/MELANIA ratio, so it holds regardless of market direction.

Dark MAGA →Melania Meme →