long boi vs MemeCore

MemeCore (M) is 113122.3× the size of long boi (LONG) by market capitalisation. Over the past 30 days, M is ahead by 56.3 percentage points (LONG -81.7% against M -25.3%). Their daily returns move barely in opposite directions (correlation -0.05 across 23 shared trading days). LONG has been the more volatile of the two, at 966% annualised against M's 107%.

Correlation: -0.05
Size ratio: 1 : 113122.3
Ahead over 30 days: M

long boiLONG

$1.682e-5

24h: -7.20%
Market cap: $16,812
Volume 24h: $61
Volatility (ann.): 966%

MemeCoreM

$0.828819

24h: -0.52%
Market cap: $1.90B
Volume 24h: $2.10M
Volatility (ann.): 107%

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

Performance

LONGM

7 days-81.96%-20.13%M
30 days-81.67%-25.32%M

Correlation

-0.05over 23 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	LONG	M
Max drawdown (400d)	-97.3%	-41.1%
Risk-adjusted return (90d)	-0.08	-0.27

Relative strength over 90 days: M outperformed LONG by 74.4% — measured on the LONG/M ratio, so it holds regardless of market direction.

long boi →MemeCore →