Jelly-My-Jelly vs MemeCore

MemeCore (M) is 47.8× the size of Jelly-My-Jelly (JELLYJELLY) by market capitalisation. Over the past 30 days, JELLYJELLY is ahead by 2.1 percentage points (JELLYJELLY -25.1% against M -27.1%). Their daily returns move loosely together (correlation 0.44 across 50 shared trading days). M has been the more volatile of the two, at 108% annualised against JELLYJELLY's 57%.

Correlation: 0.44
Size ratio: 1 : 47.8
Ahead over 30 days: JELLYJELLY

Jelly-My-JellyJELLYJELLY

$0.040878

24h: -1.08%
Market cap: $40.88M
Volume 24h: $2.86M
Volatility (ann.): 57%

MemeCoreM

$0.852509

24h: +2.35%
Market cap: $1.96B
Volume 24h: $614,324
Volatility (ann.): 108%

JELLYJELLY 2.0%Share of the two combined market caps98.0% M

Performance

JELLYJELLYM

7 days-16.66%-19.48%JELLYJELLY
30 days-25.05%-27.12%JELLYJELLY

Correlation

0.44over 50 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4290d: 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	JELLYJELLY	M
Max drawdown (400d)	-31.6%	-41.1%
Risk-adjusted return (90d)	-0.52	-0.23

Relative strength over 90 days: M outperformed JELLYJELLY by 4.0% — measured on the JELLYJELLY/M ratio, so it holds regardless of market direction.

Jelly-My-Jelly →MemeCore →