Lucidum vs MemeCore

MemeCore (M) is 113.4× the size of Lucidum (LUCIC) by market capitalisation. Over the past 30 days, LUCIC is ahead by 8.3 percentage points (LUCIC -18.8% against M -27.1%). Their daily returns move loosely together (correlation 0.44 across 29 shared trading days). M has been the more volatile of the two, at 108% annualised against LUCIC's 92%.

Correlation: 0.44
Size ratio: 1 : 113.4
Ahead over 30 days: LUCIC

LucidumLUCIC

$0.106055

24h: -0.45%
Market cap: $17.34M
Volume 24h: $20,770
Volatility (ann.): 92%

MemeCoreM

$0.857124

24h: +2.85%
Market cap: $1.97B
Volume 24h: $1.68M
Volatility (ann.): 108%

LUCIC 0.9%Share of the two combined market caps99.1% M

Performance

LUCICM

7 days-27.47%-19.48%M
30 days-18.81%-27.12%LUCIC

Correlation

0.44over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4490d: 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	LUCIC	M
Max drawdown (400d)	-32.8%	-41.1%
Risk-adjusted return (90d)	-0.17	-0.23

Relative strength over 90 days: LUCIC outperformed M by 2.2% — measured on the LUCIC/M ratio, so it holds regardless of market direction.

Lucidum →MemeCore →