Fisttrumppump vs Melania Meme

Melania Meme (MELANIA) is 627.5× the size of Fisttrumppump (FTP) by market capitalisation. Over the past 30 days, FTP is ahead by 29.2 percentage points (FTP -12.0% against MELANIA -41.2%). Their daily returns move barely together (correlation 0.17 across 22 shared trading days). FTP has been the more volatile of the two, at 521% annualised against MELANIA's 113%.

Correlation: 0.17
Size ratio: 1 : 627.5
Ahead over 30 days: FTP

FisttrumppumpFTP

$0.096702

24h: +1.08%
Market cap: $96,699
Volume 24h: $242
Volatility (ann.): 521%

Melania MemeMELANIA

$0.060685

24h: -5.08%
Market cap: $60.68M
Volume 24h: $6.86M
Volatility (ann.): 113%

FTP 0.2%Share of the two combined market caps99.8% MELANIA

Performance

FTPMELANIA

7 days-30.21%-22.26%MELANIA
30 days-11.98%-41.15%FTP

Correlation

0.17over 22 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	FTP	MELANIA
Max drawdown (400d)	-48.6%	-47.4%
Risk-adjusted return (90d)	0.42	-0.12

Relative strength over 90 days: MELANIA outperformed FTP by 2.0% — measured on the FTP/MELANIA ratio, so it holds regardless of market direction.

Fisttrumppump →Melania Meme →