Kippahstayson.sol vs MemeCore

MemeCore (M) is 122640.5× the size of Kippahstayson.sol (KIPPAH) by market capitalisation. Over the past 30 days, M is ahead by 21.5 percentage points (KIPPAH -48.7% against M -27.3%). Their daily returns move barely together (correlation 0.33 across 24 shared trading days). KIPPAH has been the more volatile of the two, at 133% annualised against M's 108%.

Correlation: 0.33
Size ratio: 1 : 122640.5
Ahead over 30 days: M

Kippahstayson.solKIPPAH

$1.527e-5

24h: +2.75%
Market cap: $15,257
Volume 24h: $76
Volatility (ann.): 133%

MemeCoreM

$0.815491

24h: -1.67%
Market cap: $1.87B
Volume 24h: $1.73M
Volatility (ann.): 108%

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

Performance

KIPPAHM

7 days-18.25%-19.79%KIPPAH
30 days-48.72%-27.25%M

Correlation

0.33over 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	KIPPAH	M
Max drawdown (400d)	-51.4%	-41.1%
Risk-adjusted return (90d)	-0.37	-0.25

Relative strength over 90 days: M outperformed KIPPAH by 37.1% — measured on the KIPPAH/M ratio, so it holds regardless of market direction.

Kippahstayson.sol →MemeCore →