HyperStrategy vs MemeCore

MemeCore (M) is 25662.2× the size of HyperStrategy (HSTR) by market capitalisation. Over the past 30 days, M is ahead by 34.3 percentage points (HSTR -61.5% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.02 across 23 shared trading days). HSTR has been the more volatile of the two, at 131% annualised against M's 108%.

Correlation: -0.02
Size ratio: 1 : 25662.2
Ahead over 30 days: M

HyperStrategyHSTR

$0.072914

24h: -2.13%
Market cap: $72,914
Volume 24h: $21
Volatility (ann.): 131%

MemeCoreM

$0.815514

24h: -3.26%
Market cap: $1.87B
Volume 24h: $1.65M
Volatility (ann.): 108%

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

Performance

HSTRM

7 days-8.79%-19.79%HSTR
30 days-61.51%-27.25%M

Correlation

-0.02over 23 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	HSTR	M
Max drawdown (400d)	-61.5%	-41.1%
Risk-adjusted return (90d)	-0.45	-0.25

Relative strength over 90 days: M outperformed HSTR by 27.2% — measured on the HSTR/M ratio, so it holds regardless of market direction.

HyperStrategy →MemeCore →