flork vs MemeCore

MemeCore (M) is 61406.1× the size of flork (FLORK) by market capitalisation. Over the past 30 days, FLORK is ahead by 1.2 percentage points (FLORK -26.0% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.04 across 23 shared trading days). M has been the more volatile of the two, at 108% annualised against FLORK's 66%.

Correlation: -0.04
Size ratio: 1 : 61406.1
Ahead over 30 days: FLORK

florkFLORK

$3.072e-5

24h: +4.96%
Market cap: $30,721
Volume 24h: $111
Volatility (ann.): 66%

MemeCoreM

$0.822175

24h: -2.19%
Market cap: $1.89B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

FLORKM

7 days-11.03%-19.79%FLORK
30 days-26.01%-27.25%FLORK

Correlation

-0.04over 23 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	FLORK	M
Max drawdown (400d)	-28.9%	-41.1%
Risk-adjusted return (90d)	-0.36	-0.25

Relative strength over 90 days: M outperformed FLORK by 9.0% — measured on the FLORK/M ratio, so it holds regardless of market direction.

flork →MemeCore →