Free Speech vs MemeCore

MemeCore (M) is 8844.0× the size of Free Speech (X) by market capitalisation. Over the past 30 days, M is ahead by 59.0 percentage points (X -86.1% against M -27.1%). Their daily returns move loosely together (correlation 0.36 across 28 shared trading days). X has been the more volatile of the two, at 296% annualised against M's 108%.

Correlation: 0.36
Size ratio: 1 : 8844.0
Ahead over 30 days: M

Free SpeechX

$0.000261

24h: +0.60%
Market cap: $220,604
Volume 24h: $135
Volatility (ann.): 296%

MemeCoreM

$0.850522

24h: +2.29%
Market cap: $1.95B
Volume 24h: $613,620
Volatility (ann.): 108%

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

Performance

7 days-1.78%-19.48%X
30 days-86.08%-27.12%M

Correlation

0.36over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3690d: 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	X	M
Max drawdown (400d)	-89.0%	-41.1%
Risk-adjusted return (90d)	-0.29	-0.23

Relative strength over 90 days: M outperformed X by 83.5% — measured on the X/M ratio, so it holds regardless of market direction.

Free Speech →MemeCore →