kzl vs MemeCore

MemeCore (M) is 98037.1× the size of kzl (KZL) by market capitalisation. Over the past 30 days, KZL is ahead by 11.4 percentage points (KZL -13.9% against M -25.3%). Their daily returns move barely in opposite directions (correlation -0.19 across 23 shared trading days). M has been the more volatile of the two, at 107% annualised against KZL's 71%.

Correlation: -0.19
Size ratio: 1 : 98037.1
Ahead over 30 days: KZL

kzlKZL

$1.919e-5

24h: —
Market cap: $19,189
Volume 24h: $81
Volatility (ann.): 71%

MemeCoreM

$0.819888

24h: -1.52%
Market cap: $1.88B
Volume 24h: $1.99M
Volatility (ann.): 107%

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

Performance

KZLM

7 days-0.05%-20.13%KZL
30 days-13.93%-25.32%KZL

Correlation

-0.19over 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	KZL	M
Max drawdown (400d)	-23.8%	-41.1%
Risk-adjusted return (90d)	-0.16	-0.27

Relative strength over 90 days: M outperformed KZL by 1.4% — measured on the KZL/M ratio, so it holds regardless of market direction.

kzl →MemeCore →