IAPED TOKEN vs MemeCore

MemeCore (M) is 72272.9× the size of IAPED TOKEN (IAPED) by market capitalisation. Over the past 30 days, IAPED is ahead by 1.9 percentage points (IAPED -25.3% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.18 across 24 shared trading days). IAPED has been the more volatile of the two, at 165% annualised against M's 108%.

Correlation: -0.18
Size ratio: 1 : 72272.9
Ahead over 30 days: IAPED

IAPED TOKENIAPED

$0.000259

24h: +10.47%
Market cap: $25,912
Volume 24h: $509
Volatility (ann.): 165%

MemeCoreM

$0.816270

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

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

Performance

IAPEDM

7 days-4.68%-19.79%IAPED
30 days-25.35%-27.25%IAPED

Correlation

-0.18over 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	IAPED	M
Max drawdown (400d)	-54.8%	-41.1%
Risk-adjusted return (90d)	-0.29	-0.25

Relative strength over 90 days: IAPED outperformed M by 3.4% — measured on the IAPED/M ratio, so it holds regardless of market direction.

IAPED TOKEN →MemeCore →