Flockerz vs MemeCore

MemeCore (M) is 31883.9× the size of Flockerz (FLOCK) by market capitalisation. Over the past 30 days, FLOCK is ahead by 10.4 percentage points (FLOCK -16.8% against M -27.3%). Their daily returns move loosely together (correlation 0.43 across 27 shared trading days). M has been the more volatile of the two, at 108% annualised against FLOCK's 55%.

Correlation: 0.43
Size ratio: 1 : 31883.9
Ahead over 30 days: FLOCK

FlockerzFLOCK

$1.778e-5

24h: +0.15%
Market cap: $58,736
Volume 24h: $50,526
Volatility (ann.): 55%

MemeCoreM

$0.816270

24h: -2.99%
Market cap: $1.87B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

FLOCKM

7 days-6.04%-19.79%FLOCK
30 days-16.82%-27.25%FLOCK

Correlation

0.43over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4390d: 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	FLOCK	M
Max drawdown (400d)	-21.0%	-41.1%
Risk-adjusted return (90d)	-0.38	-0.25

Relative strength over 90 days: FLOCK outperformed M by 1.4% — measured on the FLOCK/M ratio, so it holds regardless of market direction.

Flockerz →MemeCore →