JAK vs MemeCore

MemeCore (M) is 48376.8× the size of JAK (JAK) by market capitalisation. Over the past 30 days, JAK is ahead by 2.6 percentage points (JAK -22.7% against M -25.3%). Their daily returns move barely in opposite directions (correlation -0.18 across 20 shared trading days). M has been the more volatile of the two, at 107% annualised against JAK's 42%.

Correlation: -0.18
Size ratio: 1 : 48376.8
Ahead over 30 days: JAK

JAKJAK

$3.966e-5

24h: —
Market cap: $39,641
Volume 24h: $137
Volatility (ann.): 42%

MemeCoreM

$0.835842

24h: -0.73%
Market cap: $1.92B
Volume 24h: $2.07M
Volatility (ann.): 107%

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

Performance

JAKM

7 days-7.91%-20.13%JAK
30 days-22.71%-25.32%JAK

Correlation

-0.18over 20 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	JAK	M
Max drawdown (400d)	-25.1%	-41.1%
Risk-adjusted return (90d)	-0.55	-0.27

Relative strength over 90 days: M outperformed JAK by 13.9% — measured on the JAK/M ratio, so it holds regardless of market direction.

JAK →MemeCore →