Make Europe Great Again vs Melania Meme

Melania Meme (MELANIA) is 1888.8× the size of Make Europe Great Again (MEGA) by market capitalisation. Over the past 30 days, MELANIA is ahead by 40.5 percentage points (MEGA -81.7% against MELANIA -41.2%). Their daily returns move barely together (correlation 0.25 across 22 shared trading days). MEGA has been the more volatile of the two, at 1081% annualised against MELANIA's 113%.

Correlation: 0.25
Size ratio: 1 : 1888.8
Ahead over 30 days: MELANIA

Make Europe Great AgainMEGA

$3.229e-5

24h: -6.36%
Market cap: $32,256
Volume 24h: $22
Volatility (ann.): 1081%

Melania MemeMELANIA

$0.060906

24h: -3.90%
Market cap: $60.93M
Volume 24h: $6.96M
Volatility (ann.): 113%

MEGA 0.1%Share of the two combined market caps99.9% MELANIA

Performance

MEGAMELANIA

7 days-43.90%-22.26%MELANIA
30 days-81.69%-41.15%MELANIA

Correlation

0.25over 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	MEGA	MELANIA
Max drawdown (400d)	-93.1%	-47.4%
Risk-adjusted return (90d)	-0.07	-0.12

Relative strength over 90 days: MELANIA outperformed MEGA by 72.3% — measured on the MEGA/MELANIA ratio, so it holds regardless of market direction.

Make Europe Great Again →Melania Meme →