Luna by Virtuals vs MemeCore

MemeCore (M) is 546.8× the size of Luna by Virtuals (LUNA) by market capitalisation. Over the past 30 days, M is ahead by 7.4 percentage points (LUNA -34.6% against M -27.1%). Their daily returns move loosely together (correlation 0.59 across 30 shared trading days). LUNA has been the more volatile of the two, at 135% annualised against M's 108%.

Correlation: 0.59
Size ratio: 1 : 546.8
Ahead over 30 days: M

Luna by VirtualsLUNA

$0.003530

24h: +0.30%
Market cap: $3.53M
Volume 24h: $859
Volatility (ann.): 135%

MemeCoreM

$0.841462

24h: -0.87%
Market cap: $1.93B
Volume 24h: $643,425
Volatility (ann.): 108%

LUNA 0.2%Share of the two combined market caps99.8% M

Performance

LUNAM

7 days-4.19%-19.48%LUNA
30 days-34.56%-27.12%M

Correlation

0.59over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5990d: 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	LUNA	M
Max drawdown (400d)	-41.6%	-41.1%
Risk-adjusted return (90d)	-0.27	-0.23

Relative strength over 90 days: M outperformed LUNA by 19.9% — measured on the LUNA/M ratio, so it holds regardless of market direction.

Luna by Virtuals →MemeCore →