Frog Wif Peen vs MemeCore

MemeCore (M) is 801220.0× the size of Frog Wif Peen (PEEN) by market capitalisation. Over the past 30 days, PEEN is ahead by 11.3 percentage points (PEEN -16.0% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.04 across 21 shared trading days). M has been the more volatile of the two, at 108% annualised against PEEN's 36%.

Correlation: -0.04
Size ratio: 1 : 801220.0
Ahead over 30 days: PEEN

Frog Wif PeenPEEN

$2.460e-6

24h: +1.75%
Market cap: $2,383
Volume 24h: $2
Volatility (ann.): 36%

MemeCoreM

$0.832527

24h: -3.40%
Market cap: $1.91B
Volume 24h: $1.95M
Volatility (ann.): 108%

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

Performance

PEENM

7 days-5.88%-19.79%PEEN
30 days-16.00%-27.25%PEEN

Correlation

-0.04over 21 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	PEEN	M
Max drawdown (400d)	-20.4%	-41.1%
Risk-adjusted return (90d)	-0.43	-0.25

Relative strength over 90 days: M outperformed PEEN by 1.1% — measured on the PEEN/M ratio, so it holds regardless of market direction.

Frog Wif Peen →MemeCore →