HarryPotterObamaSonic10Inu (ETH) vs MemeCore

MemeCore (M) is 134.4× the size of HarryPotterObamaSonic10Inu (ETH) (BITCOIN) by market capitalisation. Over the past 30 days, BITCOIN is ahead by 5.9 percentage points (BITCOIN -21.3% against M -27.1%). Their daily returns move barely together (correlation 0.25 across 32 shared trading days). Both have run at a similar volatility, around 104% annualised.

Correlation: 0.25
Size ratio: 1 : 134.4
Ahead over 30 days: BITCOIN

HarryPotterObamaSonic10Inu (ETH)BITCOIN

$0.014135

24h: -2.89%
Market cap: $14.13M
Volume 24h: $426,112
Volatility (ann.): 100%

MemeCoreM

$0.828158

24h: -4.25%
Market cap: $1.90B
Volume 24h: $1.85M
Volatility (ann.): 108%

BITCOIN 0.7%Share of the two combined market caps99.3% M

Performance

BITCOINM

7 days+1.21%-19.48%BITCOIN
30 days-21.26%-27.12%BITCOIN

Correlation

0.25over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2590d: 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	BITCOIN	M
Max drawdown (400d)	-27.9%	-41.1%
Risk-adjusted return (90d)	-0.16	-0.23

Relative strength over 90 days: BITCOIN outperformed M by 6.0% — measured on the BITCOIN/M ratio, so it holds regardless of market direction.

HarryPotterObamaSonic10Inu (ETH) →MemeCore →