Lapupu vs MemeCore

MemeCore (M) is 116895.2× the size of Lapupu (LAPUPU) by market capitalisation. Over the past 30 days, LAPUPU is ahead by 10.8 percentage points (LAPUPU -14.5% against M -25.3%). Their daily returns move barely in opposite directions (correlation -0.26 across 22 shared trading days). M has been the more volatile of the two, at 107% annualised against LAPUPU's 64%.

Correlation: -0.26
Size ratio: 1 : 116895.2
Ahead over 30 days: LAPUPU

LapupuLAPUPU

$0.000163

24h: +9.71%
Market cap: $16,093
Volume 24h: $303
Volatility (ann.): 64%

MemeCoreM

$0.819888

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

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

Performance

LAPUPUM

7 days+9.03%-20.13%LAPUPU
30 days-14.54%-25.32%LAPUPU

Correlation

-0.26over 22 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	LAPUPU	M
Max drawdown (400d)	-26.0%	-41.1%
Risk-adjusted return (90d)	-0.21	-0.27

Relative strength over 90 days: LAPUPU outperformed M by 6.5% — measured on the LAPUPU/M ratio, so it holds regardless of market direction.

Lapupu →MemeCore →