MAGA DOGE vs Melania Meme

Melania Meme (MELANIA) is 3401.4× the size of MAGA DOGE (MAGADOGE) by market capitalisation. Over the past 30 days, MAGADOGE is ahead by 12.6 percentage points (MAGADOGE -28.5% against MELANIA -41.2%). Their daily returns move barely together (correlation 0.34 across 21 shared trading days). MELANIA has been the more volatile of the two, at 113% annualised against MAGADOGE's 50%.

Correlation: 0.34
Size ratio: 1 : 3401.4
Ahead over 30 days: MAGADOGE

MAGA DOGEMAGADOGE

$4.352e-13

24h: -5.49%
Market cap: $18,307
Volume 24h: $3
Volatility (ann.): 50%

Melania MemeMELANIA

$0.062271

24h: -5.14%
Market cap: $62.27M
Volume 24h: $6.45M
Volatility (ann.): 113%

MAGADOGE 0.0%Share of the two combined market caps100.0% MELANIA

Performance

MAGADOGEMELANIA

7 days-11.53%-22.26%MAGADOGE
30 days-28.51%-41.15%MAGADOGE

Correlation

0.34over 21 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	MAGADOGE	MELANIA
Max drawdown (400d)	-28.5%	-47.4%
Risk-adjusted return (90d)	-0.54	-0.12

Relative strength over 90 days: MAGADOGE outperformed MELANIA by 17.9% — measured on the MAGADOGE/MELANIA ratio, so it holds regardless of market direction.

MAGA DOGE →Melania Meme →