MarsMi vs MemeCore

MemeCore (M) is 152.3× the size of MarsMi (MARSMI) by market capitalisation. Over the past 30 days, MARSMI is ahead by 2.1 percentage points (MARSMI -25.0% against M -27.1%). Their daily returns move loosely together (correlation 0.56 across 28 shared trading days). M has been the more volatile of the two, at 108% annualised against MARSMI's 92%.

Correlation: 0.56
Size ratio: 1 : 152.3
Ahead over 30 days: MARSMI

MarsMiMARSMI

$0.012516

24h: -0.78%
Market cap: $12.52M
Volume 24h: $353,089
Volatility (ann.): 92%

MemeCoreM

$0.830953

24h: -3.43%
Market cap: $1.91B
Volume 24h: $652,454
Volatility (ann.): 108%

MARSMI 0.7%Share of the two combined market caps99.3% M

Performance

MARSMIM

7 days-32.64%-19.48%M
30 days-25.00%-27.12%MARSMI

Correlation

0.56over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5690d: 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	MARSMI	M
Max drawdown (400d)	-32.6%	-41.1%
Risk-adjusted return (90d)	-0.35	-0.23

Relative strength over 90 days: M outperformed MARSMI by 13.4% — measured on the MARSMI/M ratio, so it holds regardless of market direction.

MarsMi →MemeCore →