Froth vs MemeCore

MemeCore (M) is 2907.2× the size of Froth (FROTH) by market capitalisation. Over the past 30 days, M is ahead by 9.7 percentage points (FROTH -36.8% against M -27.1%). Their daily returns move loosely in opposite directions (correlation -0.38 across 21 shared trading days). FROTH has been the more volatile of the two, at 651% annualised against M's 108%.

Correlation: -0.38
Size ratio: 1 : 2907.2
Ahead over 30 days: M

FrothFROTH

$0.000679

24h: +0.83%
Market cap: $665,065
Volume 24h: $32
Volatility (ann.): 651%

MemeCoreM

$0.842833

24h: -1.71%
Market cap: $1.93B
Volume 24h: $1.87M
Volatility (ann.): 108%

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

Performance

FROTHM

7 days-2.74%-19.48%FROTH
30 days-36.80%-27.12%M

Correlation

-0.38over 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	FROTH	M
Max drawdown (400d)	-74.6%	-41.1%
Risk-adjusted return (90d)	-0.06	-0.23

Relative strength over 90 days: M outperformed FROTH by 40.3% — measured on the FROTH/M ratio, so it holds regardless of market direction.

Froth →MemeCore →