JHH vs MemeCore

MemeCore (M) is 31831.2× the size of JHH (JHH) by market capitalisation. Over the past 30 days, M is ahead by 6.6 percentage points (JHH -33.8% against M -27.3%). Their daily returns move barely together (correlation 0.15 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against JHH's 66%.

Correlation: 0.15
Size ratio: 1 : 31831.2
Ahead over 30 days: M

JHHJHH

$5.828e-9

24h: +1.48%
Market cap: $58,284
Volume 24h: $117
Volatility (ann.): 66%

MemeCoreM

$0.808618

24h: -3.94%
Market cap: $1.86B
Volume 24h: $696,271
Volatility (ann.): 108%

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

Performance

JHHM

7 days-4.60%-19.79%JHH
30 days-33.81%-27.25%M

Correlation

0.15over 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	JHH	M
Max drawdown (400d)	-38.5%	-41.1%
Risk-adjusted return (90d)	-0.55	-0.25

Relative strength over 90 days: M outperformed JHH by 18.2% — measured on the JHH/M ratio, so it holds regardless of market direction.

JHH →MemeCore →