LOOK vs MemeCore

MemeCore (M) is 9684.0× the size of LOOK (LOOK) by market capitalisation. Over the past 30 days, LOOK is ahead by 9.9 percentage points (LOOK -17.4% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.33 across 23 shared trading days). M has been the more volatile of the two, at 108% annualised against LOOK's 68%.

Correlation: -0.33
Size ratio: 1 : 9684.0
Ahead over 30 days: LOOK

LOOKLOOK

$0.000213

24h: +14.09%
Market cap: $196,791
Volume 24h: $530
Volatility (ann.): 68%

MemeCoreM

$0.830662

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

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

Performance

LOOKM

7 days-3.03%-19.79%LOOK
30 days-17.36%-27.25%LOOK

Correlation

-0.33over 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	LOOK	M
Max drawdown (400d)	-23.9%	-41.1%
Risk-adjusted return (90d)	-0.27	-0.25

Relative strength over 90 days: M outperformed LOOK by 3.2% — measured on the LOOK/M ratio, so it holds regardless of market direction.

LOOK →MemeCore →