Knot Diffie-Hellman vs MemeCore

MemeCore (M) is 19189.4× the size of Knot Diffie-Hellman (KNOT) by market capitalisation. Over the past 30 days, KNOT is ahead by 0.6 percentage points (KNOT -26.6% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.23 across 24 shared trading days). KNOT has been the more volatile of the two, at 229% annualised against M's 108%.

Correlation: -0.23
Size ratio: 1 : 19189.4
Ahead over 30 days: KNOT

Knot Diffie-HellmanKNOT

$9.708e-5

24h: +4.42%
Market cap: $97,075
Volume 24h: $58
Volatility (ann.): 229%

MemeCoreM

$0.811942

24h: -3.98%
Market cap: $1.86B
Volume 24h: $675,352
Volatility (ann.): 108%

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

Performance

KNOTM

7 days-15.22%-19.79%KNOT
30 days-26.64%-27.25%KNOT

Correlation

-0.23over 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	KNOT	M
Max drawdown (400d)	-53.1%	-41.1%
Risk-adjusted return (90d)	-0.12	-0.25

Relative strength over 90 days: M outperformed KNOT by 19.9% — measured on the KNOT/M ratio, so it holds regardless of market direction.

Knot Diffie-Hellman →MemeCore →