In The MEME Time vs MemeCore

MemeCore (M) is 175929.6× the size of In The MEME Time (ITMT) by market capitalisation. Over the past 30 days, ITMT is ahead by 10.9 percentage points (ITMT -16.4% against M -27.3%). Their daily returns move barely together (correlation 0.05 across 21 shared trading days). ITMT has been the more volatile of the two, at 280% annualised against M's 108%.

Correlation: 0.05
Size ratio: 1 : 175929.6
Ahead over 30 days: ITMT

In The MEME TimeITMT

$1.035e-5

24h: —
Market cap: $10,347
Volume 24h: $647
Volatility (ann.): 280%

MemeCoreM

$0.793384

24h: -6.25%
Market cap: $1.82B
Volume 24h: $723,643
Volatility (ann.): 108%

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

Performance

ITMTM

7 days-2.75%-19.79%ITMT
30 days-16.38%-27.25%ITMT

Correlation

0.05over 21 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	ITMT	M
Max drawdown (400d)	-51.0%	-41.1%
Risk-adjusted return (90d)	-0.06	-0.25

Relative strength over 90 days: M outperformed ITMT by 11.2% — measured on the ITMT/M ratio, so it holds regardless of market direction.

In The MEME Time →MemeCore →