Elon4AfD vs MemeCore

MemeCore (M) is 3934.4× the size of Elon4AfD (ELON4AFD) by market capitalisation. Over the past 30 days, M is ahead by 3.9 percentage points (ELON4AFD -31.0% against M -27.1%). Their daily returns move barely together (correlation 0.24 across 28 shared trading days). ELON4AFD has been the more volatile of the two, at 143% annualised against M's 108%.

Correlation: 0.24
Size ratio: 1 : 3934.4
Ahead over 30 days: M

Elon4AfDELON4AFD

$0.000491

24h: +8.17%
Market cap: $490,803
Volume 24h: $1,977
Volatility (ann.): 143%

MemeCoreM

$0.841773

24h: -2.12%
Market cap: $1.93B
Volume 24h: $630,910
Volatility (ann.): 108%

ELON4AFD 0.0%Share of the two combined market caps100.0% M

Performance

ELON4AFDM

7 days+4.08%-19.48%ELON4AFD
30 days-31.01%-27.12%M

Correlation

0.24over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2490d: 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	ELON4AFD	M
Max drawdown (400d)	-48.8%	-41.1%
Risk-adjusted return (90d)	-0.29	-0.23

Relative strength over 90 days: M outperformed ELON4AFD by 24.5% — measured on the ELON4AFD/M ratio, so it holds regardless of market direction.

Elon4AfD →MemeCore →