FTF100 vs MemeCore

MemeCore (M) is 16679.8× the size of FTF100 (FTF100) by market capitalisation. Over the past 30 days, FTF100 is ahead by 17.2 percentage points (FTF100 -10.0% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.21 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against FTF100's 72%.

Correlation: -0.21
Size ratio: 1 : 16679.8
Ahead over 30 days: FTF100

FTF100FTF100

$0.000111

24h: +7.28%
Market cap: $111,020
Volume 24h: $1,642
Volatility (ann.): 72%

MemeCoreM

$0.807102

24h: -4.78%
Market cap: $1.85B
Volume 24h: $1.48M
Volatility (ann.): 108%

FTF100 0.0%Share of the two combined market caps100.0% M

Performance

FTF100M

7 days-4.77%-19.79%FTF100
30 days-10.01%-27.25%FTF100

Correlation

-0.21over 24 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	FTF100	M
Max drawdown (400d)	-19.0%	-41.1%
Risk-adjusted return (90d)	-0.20	-0.25

Relative strength over 90 days: FTF100 outperformed M by 1.4% — measured on the FTF100/M ratio, so it holds regardless of market direction.

FTF100 →MemeCore →