光源 (Light Source) vs MemeCore

MemeCore (M) is 181906.1× the size of 光源 (Light Source) (光源) by market capitalisation. Over the past 30 days, 光源 is ahead by 10.9 percentage points (光源 -16.3% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.03 across 24 shared trading days). Both have run at a similar volatility, around 107% annualised.

Correlation: -0.03
Size ratio: 1 : 181906.1
Ahead over 30 days: 光源

光源 (Light Source)光源

$1.017e-5

24h: +3.03%
Market cap: $10,161
Volume 24h: $7
Volatility (ann.): 106%

MemeCoreM

$0.805602

24h: -5.29%
Market cap: $1.85B
Volume 24h: $1.47M
Volatility (ann.): 108%

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

Performance

光源M

7 days-22.31%-19.79%M
30 days-16.35%-27.25%光源

Correlation

-0.03over 24 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	光源	M
Max drawdown (400d)	-23.2%	-41.1%
Risk-adjusted return (90d)	-0.12	-0.25

Relative strength over 90 days: 光源 outperformed M by 2.9% — measured on the 光源/M ratio, so it holds regardless of market direction.

光源 (Light Source) →MemeCore →