MAGA Hat vs Melania Meme

Melania Meme (MELANIA) is 126.1× the size of MAGA Hat (MAGA) by market capitalisation. Over the past 30 days, MAGA is ahead by 1.2 percentage points (MAGA -24.7% against MELANIA -25.9%). Their daily returns move closely together (correlation 0.63 across 30 shared trading days). MELANIA has been the more volatile of the two, at 108% annualised against MAGA's 93%.

Correlation: 0.63
Size ratio: 1 : 126.1
Ahead over 30 days: MAGA

MAGA HatMAGA

$1.370e-6

24h: -1.15%
Market cap: $567,315
Volume 24h: $2,784
Volatility (ann.): 93%

Melania MemeMELANIA

$0.071531

24h: -3.98%
Market cap: $71.53M
Volume 24h: $5.91M
Volatility (ann.): 108%

MAGA 0.8%Share of the two combined market caps99.2% MELANIA

Performance

MAGAMELANIA

7 days-4.95%-12.97%MAGA
30 days-24.68%-25.89%MAGA

Correlation

0.63over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6390d: 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	MAGA	MELANIA
Max drawdown (400d)	-33.3%	-35.9%
Risk-adjusted return (90d)	-0.25	0.08

Relative strength over 90 days: MAGA outperformed MELANIA by 6.9% — measured on the MAGA/MELANIA ratio, so it holds regardless of market direction.

MAGA Hat →Melania Meme →