Magatard vs Melania Meme

Melania Meme (MELANIA) is 10581.5× the size of Magatard (MAGATARD) by market capitalisation. Over the past 30 days, MELANIA is ahead by 42.4 percentage points (MAGATARD -76.3% against MELANIA -33.8%). Their daily returns move barely together (correlation 0.22 across 22 shared trading days). MAGATARD has been the more volatile of the two, at 546% annualised against MELANIA's 111%.

Correlation: 0.22
Size ratio: 1 : 10581.5
Ahead over 30 days: MELANIA

MagatardMAGATARD

$5.700e-6

24h: -28.23%
Market cap: $5,702
Volume 24h: $277
Volatility (ann.): 546%

Melania MemeMELANIA

$0.060337

24h: -10.57%
Market cap: $60.34M
Volume 24h: $6.56M
Volatility (ann.): 111%

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

Performance

MAGATARDMELANIA

7 days-31.70%-22.90%MELANIA
30 days-76.28%-33.84%MELANIA

Correlation

0.22over 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	MAGATARD	MELANIA
Max drawdown (400d)	-78.2%	-41.2%
Risk-adjusted return (90d)	-0.13	-0.03

Relative strength over 90 days: MELANIA outperformed MAGATARD by 71.8% — measured on the MAGATARD/MELANIA ratio, so it holds regardless of market direction.

Magatard →Melania Meme →