Marvin The Robot vs MemeCore

MemeCore (M) is 91970.2× the size of Marvin The Robot (MARVIN) by market capitalisation. Over the past 30 days, MARVIN is ahead by 17.8 percentage points (MARVIN -7.6% against M -25.3%). Their daily returns move barely in opposite directions (correlation -0.07 across 25 shared trading days). M has been the more volatile of the two, at 107% annualised against MARVIN's 44%.

Correlation: -0.07
Size ratio: 1 : 91970.2
Ahead over 30 days: MARVIN

Marvin The RobotMARVIN

$0.002584

24h: —
Market cap: $20,537
Volume 24h: $5
Volatility (ann.): 44%

MemeCoreM

$0.823166

24h: -1.96%
Market cap: $1.89B
Volume 24h: $2.02M
Volatility (ann.): 107%

MARVIN 0.0%Share of the two combined market caps100.0% M

Performance

MARVINM

7 days+4.81%-20.13%MARVIN
30 days-7.57%-25.32%MARVIN

Correlation

-0.07over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0790d: 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	MARVIN	M
Max drawdown (400d)	-15.2%	-41.1%
Risk-adjusted return (90d)	-0.18	-0.27

Relative strength over 90 days: MARVIN outperformed M by 7.4% — measured on the MARVIN/M ratio, so it holds regardless of market direction.

Marvin The Robot →MemeCore →