Hawk vs MemeCore

MemeCore (M) is 1239.9× the size of Hawk (HAWK) by market capitalisation. Over the past 30 days, M is ahead by 16.1 percentage points (HAWK -43.2% against M -27.1%). Their daily returns move closely together (correlation 0.61 across 30 shared trading days). M has been the more volatile of the two, at 108% annualised against HAWK's 76%.

Correlation: 0.61
Size ratio: 1 : 1239.9
Ahead over 30 days: M

HawkHAWK

$2.884e-5

24h: -2.85%
Market cap: $1.56M
Volume 24h: $2,450
Volatility (ann.): 76%

MemeCoreM

$0.841525

24h: -1.81%
Market cap: $1.93B
Volume 24h: $629,418
Volatility (ann.): 108%

HAWK 0.1%Share of the two combined market caps99.9% M

Performance

HAWKM

7 days-14.29%-19.48%HAWK
30 days-43.21%-27.12%M

Correlation

0.61over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6190d: 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	HAWK	M
Max drawdown (400d)	-50.2%	-41.1%
Risk-adjusted return (90d)	-0.65	-0.23

Relative strength over 90 days: M outperformed HAWK by 35.8% — measured on the HAWK/M ratio, so it holds regardless of market direction.

Hawk →MemeCore →