FLORK vs MemeCore

MemeCore (M) is 761.2× the size of FLORK (FLORK) by market capitalisation. Over the past 30 days, M is ahead by 61.9 percentage points (FLORK -89.0% against M -27.1%). Their daily returns move barely in opposite directions (correlation -0.03 across 22 shared trading days). FLORK has been the more volatile of the two, at 298528% annualised against M's 108%.

Correlation: -0.03
Size ratio: 1 : 761.2
Ahead over 30 days: M

FLORKFLORK

$0.002567

24h: +2.35%
Market cap: $2.57M
Volume 24h: $235,496
Volatility (ann.): 298528%

MemeCoreM

$0.851799

24h: +2.28%
Market cap: $1.95B
Volume 24h: $610,524
Volatility (ann.): 108%

FLORK 0.1%Share of the two combined market caps99.9% M

Performance

FLORKM

7 days-64.35%-19.48%M
30 days-89.01%-27.12%M

Correlation

-0.03over 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	FLORK	M
Max drawdown (400d)	-100.0%	-41.1%
Risk-adjusted return (90d)	0.00	-0.23

Relative strength over 90 days: M outperformed FLORK by 87.7% — measured on the FLORK/M ratio, so it holds regardless of market direction.

FLORK →MemeCore →