Jeff vs MemeCore

MemeCore (M) is 15498.0× the size of Jeff (JEFF) by market capitalisation. Over the past 30 days, JEFF is ahead by 15.5 percentage points (JEFF -11.7% against M -27.3%). Their daily returns move barely together (correlation 0.07 across 21 shared trading days). M has been the more volatile of the two, at 108% annualised against JEFF's 50%.

Correlation: 0.07
Size ratio: 1 : 15498.0
Ahead over 30 days: JEFF

JeffJEFF

$0.001256

24h: +7.39%
Market cap: $119,265
Volume 24h: $71
Volatility (ann.): 50%

MemeCoreM

$0.805602

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

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

Performance

JEFFM

7 days+2.78%-19.79%JEFF
30 days-11.74%-27.25%JEFF

Correlation

0.07over 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	JEFF	M
Max drawdown (400d)	-18.1%	-41.1%
Risk-adjusted return (90d)	-0.23	-0.25

Relative strength over 90 days: JEFF outperformed M by 3.7% — measured on the JEFF/M ratio, so it holds regardless of market direction.

Jeff →MemeCore →