Kabosu Inu vs MemeCore

MemeCore (M) is 14106.8× the size of Kabosu Inu (KABOSU) by market capitalisation. Over the past 30 days, KABOSU is ahead by 14.2 percentage points (KABOSU -13.0% against M -27.3%). Their daily returns move barely together (correlation 0.12 across 23 shared trading days). M has been the more volatile of the two, at 108% annualised against KABOSU's 48%.

Correlation: 0.12
Size ratio: 1 : 14106.8
Ahead over 30 days: KABOSU

Kabosu InuKABOSU

$1.347e-7

24h: —
Market cap: $134,694
Volume 24h: $4
Volatility (ann.): 48%

MemeCoreM

$0.828184

24h: -3.32%
Market cap: $1.90B
Volume 24h: $1.63M
Volatility (ann.): 108%

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

Performance

KABOSUM

7 days-1.75%-19.79%KABOSU
30 days-13.03%-27.25%KABOSU

Correlation

0.12over 23 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	KABOSU	M
Max drawdown (400d)	-19.1%	-41.1%
Risk-adjusted return (90d)	-0.30	-0.25

Relative strength over 90 days: KABOSU outperformed M by 1.8% — measured on the KABOSU/M ratio, so it holds regardless of market direction.

Kabosu Inu →MemeCore →