Daku vs MemeCore

MemeCore (M) is 38250.8× the size of Daku (DAKU) by market capitalisation. Over the past 30 days, M is ahead by 33.6 percentage points (DAKU -60.9% against M -27.3%). Their daily returns move loosely together (correlation 0.46 across 20 shared trading days). DAKU has been the more volatile of the two, at 160% annualised against M's 108%.

Correlation: 0.46
Size ratio: 1 : 38250.8
Ahead over 30 days: M

DakuDAKU

$8.069e-5

24h: —
Market cap: $48,412
Volume 24h: $2
Volatility (ann.): 160%

MemeCoreM

$0.807102

24h: -4.78%
Market cap: $1.85B
Volume 24h: $1.48M
Volatility (ann.): 108%

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

Performance

DAKUM

7 days-7.95%-19.79%DAKU
30 days-60.85%-27.25%M

Correlation

0.46over 20 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	DAKU	M
Max drawdown (400d)	-62.7%	-41.1%
Risk-adjusted return (90d)	-0.38	-0.25

Relative strength over 90 days: M outperformed DAKU by 5.4% — measured on the DAKU/M ratio, so it holds regardless of market direction.

Daku →MemeCore →