Draggy CTO vs MemeCore

MemeCore (M) is 19148.8× the size of Draggy CTO (DRAGGY) by market capitalisation. Over the past 30 days, DRAGGY is ahead by 41.2 percentage points (DRAGGY +13.9% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.12 across 23 shared trading days). M has been the more volatile of the two, at 108% annualised against DRAGGY's 86%.

Correlation: -0.12
Size ratio: 1 : 19148.8
Ahead over 30 days: DRAGGY

Draggy CTODRAGGY

$2.324e-10

24h: —
Market cap: $97,749
Volume 24h: $121
Volatility (ann.): 86%

MemeCoreM

$0.815789

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

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

Performance

DRAGGYM

7 days-2.62%-19.79%DRAGGY
30 days+13.91%-27.25%DRAGGY

Correlation

-0.12over 23 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	DRAGGY	M
Max drawdown (400d)	-11.5%	-41.1%
Risk-adjusted return (90d)	0.18	-0.25

Relative strength over 90 days: DRAGGY outperformed M by 10.9% — measured on the DRAGGY/M ratio, so it holds regardless of market direction.

Draggy CTO →MemeCore →