Hbadger vs MemeCore

MemeCore (M) is 51402.2× the size of Hbadger (HBADG) by market capitalisation. Over the past 30 days, M is ahead by 27.2 percentage points (HBADG -54.5% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.20 across 24 shared trading days). HBADG has been the more volatile of the two, at 267% annualised against M's 108%.

Correlation: -0.20
Size ratio: 1 : 51402.2
Ahead over 30 days: M

HbadgerHBADG

$5.950e-6

24h: +6.12%
Market cap: $36,433
Volume 24h: $378
Volatility (ann.): 267%

MemeCoreM

$0.816270

24h: -2.99%
Market cap: $1.87B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

HBADGM

7 days-16.64%-19.79%HBADG
30 days-54.46%-27.25%M

Correlation

-0.20over 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	HBADG	M
Max drawdown (400d)	-72.3%	-41.1%
Risk-adjusted return (90d)	-0.19	-0.25

Relative strength over 90 days: M outperformed HBADG by 61.4% — measured on the HBADG/M ratio, so it holds regardless of market direction.

Hbadger →MemeCore →