France Coin vs MemeCore

MemeCore (M) is 156395.7× the size of France Coin (FRA) by market capitalisation. Over the past 30 days, FRA is ahead by 16.4 percentage points (FRA -10.8% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.17 across 20 shared trading days). M has been the more volatile of the two, at 108% annualised against FRA's 66%.

Correlation: -0.17
Size ratio: 1 : 156395.7
Ahead over 30 days: FRA

France CoinFRA

$1.602e-5

24h: +2.93%
Market cap: $11,957
Volume 24h: $2
Volatility (ann.): 66%

MemeCoreM

$0.814658

24h: -3.93%
Market cap: $1.87B
Volume 24h: $724,648
Volatility (ann.): 108%

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

Performance

FRAM

7 days-1.21%-19.79%FRA
30 days-10.80%-27.25%FRA

Correlation

-0.17over 20 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	FRA	M
Max drawdown (400d)	-24.4%	-41.1%
Risk-adjusted return (90d)	-0.16	-0.25

Relative strength over 90 days: FRA outperformed M by 1.2% — measured on the FRA/M ratio, so it holds regardless of market direction.

France Coin →MemeCore →