MemeCore (M) is 1654.2× the size of Finvesta (FINVESTA) by market capitalisation. Over the past 30 days, M is ahead by 3.9 percentage points (FINVESTA -31.1% against M -27.1%). Their daily returns move barely together (correlation 0.03 across 30 shared trading days). Both have run at a similar volatility, around 114% annualised.
FINVESTAM
0.03over 30 shared trading days
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.
| Metric | FINVESTA | M |
|---|---|---|
| Max drawdown (400d) | -44.8% | -41.1% |
| Risk-adjusted return (90d) | -0.37 | -0.23 |
Relative strength over 90 days: M outperformed FINVESTA by 30.2% — measured on the FINVESTA/M ratio, so it holds regardless of market direction.