Didi Bam Bam vs MemeCore

MemeCore (M) is 11476.4× the size of Didi Bam Bam (DDBAM) by market capitalisation. Over the past 30 days, DDBAM is ahead by 21.9 percentage points (DDBAM -5.3% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.09 across 24 shared trading days). Both have run at a similar volatility, around 102% annualised.

Correlation: -0.09
Size ratio: 1 : 11476.4
Ahead over 30 days: DDBAM

Didi Bam BamDDBAM

$0.007932

24h: +8.94%
Market cap: $166,576
Volume 24h: $165
Volatility (ann.): 96%

MemeCoreM

$0.833245

24h: -2.02%
Market cap: $1.91B
Volume 24h: $713,205
Volatility (ann.): 108%

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

Performance

DDBAMM

7 days-3.78%-19.79%DDBAM
30 days-5.34%-27.25%DDBAM

Correlation

-0.09over 24 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	DDBAM	M
Max drawdown (400d)	-27.2%	-41.1%
Risk-adjusted return (90d)	-0.05	-0.25

Relative strength over 90 days: M outperformed DDBAM by 8.6% — measured on the DDBAM/M ratio, so it holds regardless of market direction.

Didi Bam Bam →MemeCore →