KOHAKU vs MemeCore

MemeCore (M) is 25005.2× the size of KOHAKU (KOHAKU) by market capitalisation. Over the past 30 days, KOHAKU is ahead by 16.8 percentage points (KOHAKU -10.5% against M -27.3%). Their daily returns move barely together (correlation 0.12 across 24 shared trading days). KOHAKU has been the more volatile of the two, at 135% annualised against M's 108%.

Correlation: 0.12
Size ratio: 1 : 25005.2
Ahead over 30 days: KOHAKU

KOHAKUKOHAKU

$1.760e-7

24h: +9.01%
Market cap: $74,057
Volume 24h: $834
Volatility (ann.): 135%

MemeCoreM

$0.807109

24h: -4.52%
Market cap: $1.85B
Volume 24h: $698,664
Volatility (ann.): 108%

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

Performance

KOHAKUM

7 days+3.62%-19.79%KOHAKU
30 days-10.47%-27.25%KOHAKU

Correlation

0.12over 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	KOHAKU	M
Max drawdown (400d)	-38.5%	-41.1%
Risk-adjusted return (90d)	0.03	-0.25

Relative strength over 90 days: KOHAKU outperformed M by 8.5% — measured on the KOHAKU/M ratio, so it holds regardless of market direction.

KOHAKU →MemeCore →