Jellybean vs MemeCore

MemeCore (M) is 66551.1× the size of Jellybean (JELLYBEAN) by market capitalisation. Over the past 30 days, JELLYBEAN is ahead by 1.9 percentage points (JELLYBEAN -25.4% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.17 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against JELLYBEAN's 61%.

Correlation: -0.17
Size ratio: 1 : 66551.1
Ahead over 30 days: JELLYBEAN

JellybeanJELLYBEAN

$2.847e-5

24h: +4.77%
Market cap: $28,346
Volume 24h: $47
Volatility (ann.): 61%

MemeCoreM

$0.822175

24h: -2.19%
Market cap: $1.89B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

JELLYBEANM

7 days-16.19%-19.79%JELLYBEAN
30 days-25.37%-27.25%JELLYBEAN

Correlation

-0.17over 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	JELLYBEAN	M
Max drawdown (400d)	-32.4%	-41.1%
Risk-adjusted return (90d)	-0.50	-0.25

Relative strength over 90 days: M outperformed JELLYBEAN by 11.9% — measured on the JELLYBEAN/M ratio, so it holds regardless of market direction.

Jellybean →MemeCore →