HayCoin vs MemeCore

MemeCore (M) is 8091.6× the size of HayCoin (HAY) by market capitalisation. Over the past 30 days, M is ahead by 11.5 percentage points (HAY -38.8% against M -27.3%). Their daily returns move barely together (correlation 0.25 across 22 shared trading days). HAY has been the more volatile of the two, at 218% annualised against M's 108%.

Correlation: 0.25
Size ratio: 1 : 8091.6
Ahead over 30 days: M

HayCoinHAY

$55,560

24h: —
Market cap: $235,519
Volume 24h: $10
Volatility (ann.): 218%

MemeCoreM

$0.830662

24h: -1.86%
Market cap: $1.91B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

HAYM

7 days+4.42%-19.79%HAY
30 days-38.76%-27.25%M

Correlation

0.25over 22 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	HAY	M
Max drawdown (400d)	-52.4%	-41.1%
Risk-adjusted return (90d)	-0.18	-0.25

Relative strength over 90 days: M outperformed HAY by 3.1% — measured on the HAY/M ratio, so it holds regardless of market direction.

HayCoin →MemeCore →