HUA HUA vs MemeCore

MemeCore (M) is 23512.1× the size of HUA HUA (HUAHUA) by market capitalisation. Over the past 30 days, HUAHUA is ahead by 11.9 percentage points (HUAHUA -15.4% against M -27.3%). Their daily returns move barely together (correlation 0.02 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against HUAHUA's 47%.

Correlation: 0.02
Size ratio: 1 : 23512.1
Ahead over 30 days: HUAHUA

HUA HUAHUAHUA

$7.980e-5

24h: +5.79%
Market cap: $78,906
Volume 24h: $147
Volatility (ann.): 47%

MemeCoreM

$0.808618

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

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

Performance

HUAHUAM

7 days-3.89%-19.79%HUAHUA
30 days-15.36%-27.25%HUAHUA

Correlation

0.02over 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	HUAHUA	M
Max drawdown (400d)	-20.0%	-41.1%
Risk-adjusted return (90d)	-0.28	-0.25

Relative strength over 90 days: HUAHUA outperformed M by 2.1% — measured on the HUAHUA/M ratio, so it holds regardless of market direction.

HUA HUA →MemeCore →