Distorted Face vs MemeCore

MemeCore (M) is 122059.3× the size of Distorted Face (DISTORTED) by market capitalisation. Over the past 30 days, M is ahead by 10.9 percentage points (DISTORTED -36.2% against M -25.3%). Their daily returns move barely together (correlation 0.06 across 25 shared trading days). Both have run at a similar volatility, around 107% annualised.

Correlation: 0.06
Size ratio: 1 : 122059.3
Ahead over 30 days: M

Distorted FaceDISTORTED

$1.559e-5

24h: —
Market cap: $15,581
Volume 24h: $337
Volatility (ann.): 107%

MemeCoreM

$0.828819

24h: -0.52%
Market cap: $1.90B
Volume 24h: $2.10M
Volatility (ann.): 107%

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

Performance

DISTORTEDM

7 days-12.17%-20.13%DISTORTED
30 days-36.21%-25.32%M

Correlation

0.06over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0690d: 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	DISTORTED	M
Max drawdown (400d)	-36.2%	-41.1%
Risk-adjusted return (90d)	-0.33	-0.27

Relative strength over 90 days: M outperformed DISTORTED by 21.5% — measured on the DISTORTED/M ratio, so it holds regardless of market direction.

Distorted Face →MemeCore →