Frodo the Virtual Samurai vs MemeCore

MemeCore (M) is 4060.4× the size of Frodo the Virtual Samurai (FROG) by market capitalisation. Over the past 30 days, FROG is ahead by 14.9 percentage points (FROG -12.2% against M -27.1%). Their daily returns move barely together (correlation 0.06 across 23 shared trading days). M has been the more volatile of the two, at 108% annualised against FROG's 32%.

Correlation: 0.06
Size ratio: 1 : 4060.4
Ahead over 30 days: FROG

Frodo the Virtual SamuraiFROG

$9.506e-5

24h: -0.65%
Market cap: $475,284
Volume 24h: $5
Volatility (ann.): 32%

MemeCoreM

$0.841282

24h: -1.92%
Market cap: $1.93B
Volume 24h: $627,939
Volatility (ann.): 108%

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

Performance

FROGM

7 days-7.21%-19.48%FROG
30 days-12.20%-27.12%FROG

Correlation

0.06over 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	FROG	M
Max drawdown (400d)	-12.8%	-41.1%
Risk-adjusted return (90d)	-0.34	-0.23

Relative strength over 90 days: M outperformed FROG by 2.1% — measured on the FROG/M ratio, so it holds regardless of market direction.

Frodo the Virtual Samurai →MemeCore →