LAYOOO vs Moo Deng

Moo Deng (MOODENG) is 101.0× the size of LAYOOO (LAYOOO) by market capitalisation. Over the past 30 days, MOODENG is ahead by 49.8 percentage points (LAYOOO -62.3% against MOODENG -12.4%). Their daily returns move barely together (correlation 0.13 across 31 shared trading days). LAYOOO has been the more volatile of the two, at 903% annualised against MOODENG's 100%.

Correlation: 0.13
Size ratio: 1 : 101.0
Ahead over 30 days: MOODENG

LAYOOOLAYOOO

$0.000360

24h: +5.91%
Market cap: $339,356
Volume 24h: $6,323
Volatility (ann.): 903%

Moo DengMOODENG

$0.034619

24h: -0.77%
Market cap: $34.27M
Volume 24h: $6.03M
Volatility (ann.): 100%

LAYOOO 1.0%Share of the two combined market caps99.0% MOODENG

Performance

LAYOOOMOODENG

7 days-15.31%-10.01%MOODENG
30 days-62.26%-12.42%MOODENG

Correlation

0.13over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1390d: 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	LAYOOO	MOODENG
Max drawdown (400d)	-80.8%	-32.2%
Risk-adjusted return (90d)	-0.04	-0.26

Relative strength over 90 days: MOODENG outperformed LAYOOO by 32.2% — measured on the LAYOOO/MOODENG ratio, so it holds regardless of market direction.

LAYOOO →Moo Deng →