HeavyPulp vs MemeCore

MemeCore (M) is 5665.1× the size of HeavyPulp (HEAVYPULP) by market capitalisation. Over the past 30 days, M is ahead by 29.8 percentage points (HEAVYPULP -57.1% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.21 across 27 shared trading days). HEAVYPULP has been the more volatile of the two, at 242% annualised against M's 108%.

Correlation: -0.21
Size ratio: 1 : 5665.1
Ahead over 30 days: M

HeavyPulpHEAVYPULP

$0.000328

24h: -8.52%
Market cap: $327,485
Volume 24h: $12,173
Volatility (ann.): 242%

MemeCoreM

$0.808618

24h: -3.94%
Market cap: $1.86B
Volume 24h: $696,271
Volatility (ann.): 108%

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

Performance

HEAVYPULPM

7 days-1.06%-19.79%HEAVYPULP
30 days-57.06%-27.25%M

Correlation

-0.21over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2190d: 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	HEAVYPULP	M
Max drawdown (400d)	-71.4%	-41.1%
Risk-adjusted return (90d)	-0.25	-0.25

Relative strength over 90 days: M outperformed HEAVYPULP by 50.1% — measured on the HEAVYPULP/M ratio, so it holds regardless of market direction.

HeavyPulp →MemeCore →