领头羊 vs MEME HORSE

MEME HORSE (MHORSE) is 2258.5× the size of 领头羊 (领头羊) by market capitalisation. Over the past 30 days, MHORSE is ahead by 5.1 percentage points (领头羊 -37.8% against MHORSE -32.7%). Their daily returns move barely together (correlation 0.17 across 20 shared trading days). 领头羊 has been the more volatile of the two, at 147% annualised against MHORSE's 110%.

Correlation: 0.17
Size ratio: 1 : 2258.5
Ahead over 30 days: MHORSE

领头羊领头羊

$1.802e-5

24h: +2.76%
Market cap: $18,019
Volume 24h: $67
Volatility (ann.): 147%

MEME HORSEMHORSE

$0.040696

24h: -0.09%
Market cap: $40.70M
Volume 24h: $1.26M
Volatility (ann.): 110%

领头羊 0.0%Share of the two combined market caps100.0% MHORSE

Performance

领头羊MHORSE

7 days-3.83%+20.84%MHORSE
30 days-37.80%-32.70%MHORSE

Correlation

0.17over 20 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	领头羊	MHORSE
Max drawdown (400d)	-46.0%	-44.4%
Risk-adjusted return (90d)	-0.24	-0.30

Relative strength over 90 days: 领头羊 outperformed MHORSE by 20.9% — measured on the 领头羊/MHORSE ratio, so it holds regardless of market direction.

领头羊 →MEME HORSE →