FourCoin vs MemeCore

MemeCore (M) is 3899.5× the size of FourCoin (FOUR) by market capitalisation. Over the past 30 days, FOUR is ahead by 12.3 percentage points (FOUR -14.8% against M -27.1%). Their daily returns move loosely together (correlation 0.47 across 26 shared trading days). M has been the more volatile of the two, at 108% annualised against FOUR's 68%.

Correlation: 0.47
Size ratio: 1 : 3899.5
Ahead over 30 days: FOUR

FourCoinFOUR

$1.110e-6

24h: -1.06%
Market cap: $492,156
Volume 24h: $2,145
Volatility (ann.): 68%

MemeCoreM

$0.836079

24h: -3.32%
Market cap: $1.92B
Volume 24h: $542,580
Volatility (ann.): 108%

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

Performance

FOURM

7 days-20.07%-19.48%M
30 days-14.82%-27.12%FOUR

Correlation

0.47over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4790d: 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	FOUR	M
Max drawdown (400d)	-23.7%	-41.1%
Risk-adjusted return (90d)	-0.21	-0.23

Relative strength over 90 days: FOUR outperformed M by 6.2% — measured on the FOUR/M ratio, so it holds regardless of market direction.

FourCoin →MemeCore →