Kurumi vs MemeCore

MemeCore (M) is 79204.7× the size of Kurumi (KURUMI) by market capitalisation. Over the past 30 days, KURUMI is ahead by 5.3 percentage points (KURUMI -20.0% against M -25.3%). Their daily returns move barely in opposite directions (correlation -0.21 across 21 shared trading days). M has been the more volatile of the two, at 107% annualised against KURUMI's 38%.

Correlation: -0.21
Size ratio: 1 : 79204.7
Ahead over 30 days: KURUMI

KurumiKURUMI

$2.421e-5

24h: -4.20%
Market cap: $24,212
Volume 24h: $6
Volatility (ann.): 38%

MemeCoreM

$0.835842

24h: -0.73%
Market cap: $1.92B
Volume 24h: $2.07M
Volatility (ann.): 107%

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

Performance

KURUMIM

7 days-10.22%-20.13%KURUMI
30 days-19.99%-25.32%KURUMI

Correlation

-0.21over 21 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	KURUMI	M
Max drawdown (400d)	-21.5%	-41.1%
Risk-adjusted return (90d)	-0.48	-0.27

Relative strength over 90 days: M outperformed KURUMI by 5.9% — measured on the KURUMI/M ratio, so it holds regardless of market direction.

Kurumi →MemeCore →