Leslie vs MemeCore

MemeCore (M) is 4429.1× the size of Leslie (LESLIE) by market capitalisation. Over the past 30 days, LESLIE is ahead by 33.6 percentage points (LESLIE +6.4% against M -27.3%). Their daily returns move barely together (correlation 0.06 across 22 shared trading days). M has been the more volatile of the two, at 108% annualised against LESLIE's 73%.

Correlation: 0.06
Size ratio: 1 : 4429.1
Ahead over 30 days: LESLIE

LeslieLESLIE

$4.311e-5

24h: +7.43%
Market cap: $430,270
Volume 24h: $123
Volatility (ann.): 73%

MemeCoreM

$0.830662

24h: -1.86%
Market cap: $1.91B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

LESLIEM

7 days-1.73%-19.79%LESLIE
30 days+6.36%-27.25%LESLIE

Correlation

0.06over 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	LESLIE	M
Max drawdown (400d)	-11.4%	-41.1%
Risk-adjusted return (90d)	0.12	-0.25

Relative strength over 90 days: LESLIE outperformed M by 14.6% — measured on the LESLIE/M ratio, so it holds regardless of market direction.

Leslie →MemeCore →