Energy Coin vs MemeCore

MemeCore (M) is 250070.5× the size of Energy Coin (ENERGY) by market capitalisation. Over the past 30 days, ENERGY is ahead by 485.7 percentage points (ENERGY +458.5% against M -27.3%). Their daily returns move barely together (correlation 0.24 across 24 shared trading days). ENERGY has been the more volatile of the two, at 17073% annualised against M's 108%.

Correlation: 0.24
Size ratio: 1 : 250070.5
Ahead over 30 days: ENERGY

Energy CoinENERGY

$7.400e-6

24h: +4.08%
Market cap: $7,391
Volume 24h: $2
Volatility (ann.): 17073%

MemeCoreM

$0.805602

24h: -5.29%
Market cap: $1.85B
Volume 24h: $1.47M
Volatility (ann.): 108%

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

Performance

ENERGYM

7 days+245.56%-19.79%ENERGY
30 days+458.50%-27.25%ENERGY

Correlation

0.24over 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	ENERGY	M
Max drawdown (400d)	-97.8%	-41.1%
Risk-adjusted return (90d)	0.01	-0.25

Relative strength over 90 days: ENERGY outperformed M by 698.3% — measured on the ENERGY/M ratio, so it holds regardless of market direction.

Energy Coin →MemeCore →