Gabin Noosum vs Melania Meme

Melania Meme (MELANIA) is 1251.9× the size of Gabin Noosum (NOOSUM) by market capitalisation. Over the past 30 days, NOOSUM is ahead by 36.8 percentage points (NOOSUM -4.4% against MELANIA -41.2%). Their daily returns move barely together (correlation 0.06 across 23 shared trading days). MELANIA has been the more volatile of the two, at 113% annualised against NOOSUM's 86%.

Correlation: 0.06
Size ratio: 1 : 1251.9
Ahead over 30 days: NOOSUM

Gabin NoosumNOOSUM

$6.277e-5

24h: -6.64%
Market cap: $50,183
Volume 24h: $126
Volatility (ann.): 86%

Melania MemeMELANIA

$0.062825

24h: +2.20%
Market cap: $62.82M
Volume 24h: $5.70M
Volatility (ann.): 113%

NOOSUM 0.1%Share of the two combined market caps99.9% MELANIA

Performance

NOOSUMMELANIA

7 days-4.30%-22.26%NOOSUM
30 days-4.35%-41.15%NOOSUM

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	NOOSUM	MELANIA
Max drawdown (400d)	-15.2%	-47.4%
Risk-adjusted return (90d)	0.08	-0.12

Relative strength over 90 days: NOOSUM outperformed MELANIA by 56.2% — measured on the NOOSUM/MELANIA ratio, so it holds regardless of market direction.

Gabin Noosum →Melania Meme →