eggmon vs MemeCore

MemeCore (M) is 124568.1× the size of eggmon (EGG) by market capitalisation. Over the past 30 days, M is ahead by 20.0 percentage points (EGG -47.3% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.21 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against EGG's 92%.

Correlation: -0.21
Size ratio: 1 : 124568.1
Ahead over 30 days: M

eggmonEGG

$1.523e-5

24h: +0.44%
Market cap: $15,238
Volume 24h: $34
Volatility (ann.): 92%

MemeCoreM

$0.827343

24h: -0.10%
Market cap: $1.90B
Volume 24h: $1.71M
Volatility (ann.): 108%

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

Performance

EGGM

7 days-20.54%-19.79%M
30 days-47.28%-27.25%M

Correlation

-0.21over 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	EGG	M
Max drawdown (400d)	-53.5%	-41.1%
Risk-adjusted return (90d)	-0.58	-0.25

Relative strength over 90 days: M outperformed EGG by 25.5% — measured on the EGG/M ratio, so it holds regardless of market direction.

eggmon →MemeCore →