Elawn Moosk vs Melania Meme

Melania Meme (MELANIA) is 1943.3× the size of Elawn Moosk (MOOSK) by market capitalisation. Over the past 30 days, MOOSK is ahead by 27.9 percentage points (MOOSK -13.2% against MELANIA -41.2%). Their daily returns move barely together (correlation 0.24 across 23 shared trading days). MELANIA has been the more volatile of the two, at 113% annualised against MOOSK's 87%.

Correlation: 0.24
Size ratio: 1 : 1943.3
Ahead over 30 days: MOOSK

Elawn MooskMOOSK

$3.183e-5

24h: -5.47%
Market cap: $31,823
Volume 24h: $73
Volatility (ann.): 87%

Melania MemeMELANIA

$0.061832

24h: -3.77%
Market cap: $61.84M
Volume 24h: $6.88M
Volatility (ann.): 113%

MOOSK 0.1%Share of the two combined market caps99.9% MELANIA

Performance

MOOSKMELANIA

7 days-14.37%-22.26%MOOSK
30 days-13.21%-41.15%MOOSK

Correlation

0.24over 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	MOOSK	MELANIA
Max drawdown (400d)	-19.9%	-47.4%
Risk-adjusted return (90d)	-0.18	-0.12

Relative strength over 90 days: MOOSK outperformed MELANIA by 51.6% — measured on the MOOSK/MELANIA ratio, so it holds regardless of market direction.

Elawn Moosk →Melania Meme →