HarryPotterObamaPacMan8Inu vs MemeCore

MemeCore (M) is 9565.1× the size of HarryPotterObamaPacMan8Inu (XRP) by market capitalisation. Over the past 30 days, XRP is ahead by 13.7 percentage points (XRP -13.6% against M -27.3%). Their daily returns move barely together (correlation 0.07 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against XRP's 41%.

Correlation: 0.07
Size ratio: 1 : 9565.1
Ahead over 30 days: XRP

HarryPotterObamaPacMan8InuXRP

$0.002367

24h: +7.37%
Market cap: $199,934
Volume 24h: $6
Volatility (ann.): 41%

MemeCoreM

$0.833537

24h: -1.95%
Market cap: $1.91B
Volume 24h: $711,199
Volatility (ann.): 108%

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

Performance

XRPM

7 days+0.00%-19.79%XRP
30 days-13.56%-27.25%XRP

Correlation

0.07over 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	XRP	M
Max drawdown (400d)	-17.4%	-41.1%
Risk-adjusted return (90d)	-0.31	-0.25

Relative strength over 90 days: XRP outperformed M by 2.7% — measured on the XRP/M ratio, so it holds regardless of market direction.

HarryPotterObamaPacMan8Inu →MemeCore →