Faith vs MemeCore

MemeCore (M) is 8265.2× the size of Faith (FBB4) by market capitalisation. Over the past 30 days, FBB4 is ahead by 0.9 percentage points (FBB4 -26.3% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.31 across 24 shared trading days). FBB4 has been the more volatile of the two, at 143% annualised against M's 108%.

Correlation: -0.31
Size ratio: 1 : 8265.2
Ahead over 30 days: FBB4

FaithFBB4

$0.000230

24h: +9.58%
Market cap: $229,891
Volume 24h: $259
Volatility (ann.): 143%

MemeCoreM

$0.828184

24h: -3.32%
Market cap: $1.90B
Volume 24h: $1.63M
Volatility (ann.): 108%

FBB4 0.0%Share of the two combined market caps100.0% M

Performance

FBB4M

7 days+21.41%-19.79%FBB4
30 days-26.31%-27.25%FBB4

Correlation

-0.31over 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	FBB4	M
Max drawdown (400d)	-46.5%	-41.1%
Risk-adjusted return (90d)	-0.19	-0.25

Relative strength over 90 days: M outperformed FBB4 by 14.9% — measured on the FBB4/M ratio, so it holds regardless of market direction.

Faith →MemeCore →