dnd10-M1a0Shan vs MemeCore

MemeCore (M) is 33121.8× the size of dnd10-M1a0Shan (DND10) by market capitalisation. Over the past 30 days, DND10 is ahead by 5.1 percentage points (DND10 -22.2% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.23 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against DND10's 48%.

Correlation: -0.23
Size ratio: 1 : 33121.8
Ahead over 30 days: DND10

dnd10-M1a0ShanDND10

$7.088e-5

24h: +4.46%
Market cap: $56,512
Volume 24h: $90
Volatility (ann.): 48%

MemeCoreM

$0.815789

24h: -3.28%
Market cap: $1.87B
Volume 24h: $1.68M
Volatility (ann.): 108%

DND10 0.0%Share of the two combined market caps100.0% M

Performance

DND10M

7 days-4.56%-19.79%DND10
30 days-22.17%-27.25%DND10

Correlation

-0.23over 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	DND10	M
Max drawdown (400d)	-25.4%	-41.1%
Risk-adjusted return (90d)	-0.42	-0.25

Relative strength over 90 days: M outperformed DND10 by 5.5% — measured on the DND10/M ratio, so it holds regardless of market direction.

dnd10-M1a0Shan →MemeCore →