Lumpy vs MemeCore

MemeCore (M) is 17530.0× the size of Lumpy (LUMPY) by market capitalisation. Over the past 30 days, LUMPY is ahead by 16.5 percentage points (LUMPY -10.7% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.11 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against LUMPY's 25%.

Correlation: -0.11
Size ratio: 1 : 17530.0
Ahead over 30 days: LUMPY

LumpyLUMPY

$0.000112

24h: +1.41%
Market cap: $108,371
Volume 24h: $1,701
Volatility (ann.): 25%

MemeCoreM

$0.828068

24h: -3.44%
Market cap: $1.90B
Volume 24h: $1.63M
Volatility (ann.): 108%

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

Performance

LUMPYM

7 days-1.40%-19.79%LUMPY
30 days-10.73%-27.25%LUMPY

Correlation

-0.11over 24 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	LUMPY	M
Max drawdown (400d)	-12.8%	-41.1%
Risk-adjusted return (90d)	-0.45	-0.25

Relative strength over 90 days: LUMPY outperformed M by 2.0% — measured on the LUMPY/M ratio, so it holds regardless of market direction.

Lumpy →MemeCore →