Lumos vs MemeCore

MemeCore (M) is 9113.5× the size of Lumos (LUMOS) by market capitalisation. Over the past 30 days, LUMOS is ahead by 15.5 percentage points (LUMOS -11.7% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.10 across 22 shared trading days). LUMOS has been the more volatile of the two, at 164% annualised against M's 108%.

Correlation: -0.10
Size ratio: 1 : 9113.5
Ahead over 30 days: LUMOS

LumosLUMOS

$1.781e-7

24h: —
Market cap: $208,494
Volume 24h: —
Volatility (ann.): 164%

MemeCoreM

$0.828184

24h: -3.32%
Market cap: $1.90B
Volume 24h: $1.63M
Volatility (ann.): 108%

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

Performance

LUMOSM

7 days-6.52%-19.79%LUMOS
30 days-11.75%-27.25%LUMOS

Correlation

-0.10over 22 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	LUMOS	M
Max drawdown (400d)	-40.3%	-41.1%
Risk-adjusted return (90d)	-0.12	-0.25

Relative strength over 90 days: M outperformed LUMOS by 21.8% — measured on the LUMOS/M ratio, so it holds regardless of market direction.

Lumos →MemeCore →