Ibiza Final Boss vs MemeCore

MemeCore (M) is 33346.6× the size of Ibiza Final Boss (BOSS) by market capitalisation. Over the past 30 days, M is ahead by 3.2 percentage points (BOSS -30.5% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.14 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against BOSS's 63%.

Correlation: -0.14
Size ratio: 1 : 33346.6
Ahead over 30 days: M

Ibiza Final BossBOSS

$5.958e-5

24h: —
Market cap: $55,429
Volume 24h: —
Volatility (ann.): 63%

MemeCoreM

$0.805602

24h: -5.29%
Market cap: $1.85B
Volume 24h: $1.47M
Volatility (ann.): 108%

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

Performance

BOSSM

7 days-10.07%-19.79%BOSS
30 days-30.47%-27.25%M

Correlation

-0.14over 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	BOSS	M
Max drawdown (400d)	-33.3%	-41.1%
Risk-adjusted return (90d)	-0.49	-0.25

Relative strength over 90 days: M outperformed BOSS by 5.3% — measured on the BOSS/M ratio, so it holds regardless of market direction.

Ibiza Final Boss →MemeCore →