Hoodrat vs MemeCore

MemeCore (M) is 2456.8× the size of Hoodrat (HOODRAT) by market capitalisation. Over the past 30 days, M is ahead by 49.1 percentage points (HOODRAT -76.2% against M -27.1%). Their daily returns move barely together (correlation 0.05 across 22 shared trading days). HOODRAT has been the more volatile of the two, at 424% annualised against M's 108%.

Correlation: 0.05
Size ratio: 1 : 2456.8
Ahead over 30 days: M

HoodratHOODRAT

$0.000796

24h: +14.72%
Market cap: $796,004
Volume 24h: $14,910
Volatility (ann.): 424%

MemeCoreM

$0.852509

24h: +2.35%
Market cap: $1.96B
Volume 24h: $614,324
Volatility (ann.): 108%

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

Performance

HOODRATM

7 days-56.80%-19.48%M
30 days-76.22%-27.12%M

Correlation

0.05over 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	HOODRAT	M
Max drawdown (400d)	-76.9%	-41.1%
Risk-adjusted return (90d)	-0.18	-0.23

Relative strength over 90 days: M outperformed HOODRAT by 75.4% — measured on the HOODRAT/M ratio, so it holds regardless of market direction.

Hoodrat →MemeCore →