Evan vs MemeCore

MemeCore (M) is 114860.9× the size of Evan (EVAN) by market capitalisation. Over the past 30 days, M is ahead by 4.5 percentage points (EVAN -29.8% against M -25.3%). Their daily returns move barely together (correlation 0.16 across 25 shared trading days). M has been the more volatile of the two, at 107% annualised against EVAN's 50%.

Correlation: 0.16
Size ratio: 1 : 114860.9
Ahead over 30 days: M

EvanEVAN

$1.670e-5

24h: -5.38%
Market cap: $16,696
Volume 24h: $2
Volatility (ann.): 50%

MemeCoreM

$0.835842

24h: -0.73%
Market cap: $1.92B
Volume 24h: $2.07M
Volatility (ann.): 107%

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

Performance

EVANM

7 days-11.71%-20.13%EVAN
30 days-29.82%-25.32%M

Correlation

0.16over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1690d: 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	EVAN	M
Max drawdown (400d)	-30.6%	-41.1%
Risk-adjusted return (90d)	-0.57	-0.27

Relative strength over 90 days: M outperformed EVAN by 17.5% — measured on the EVAN/M ratio, so it holds regardless of market direction.

Evan →MemeCore →