MAX vs MemeCore

MemeCore (M) is 21592.5× the size of MAX (MAX) by market capitalisation. Over the past 30 days, MAX is ahead by 13.5 percentage points (MAX -13.8% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.06 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against MAX's 54%.

Correlation: -0.06
Size ratio: 1 : 21592.5
Ahead over 30 days: MAX

MAXMAX

$8.715e-5

24h: +4.51%
Market cap: $87,116
Volume 24h: $42
Volatility (ann.): 54%

MemeCoreM

$0.819829

24h: -0.78%
Market cap: $1.88B
Volume 24h: $1.69M
Volatility (ann.): 108%

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

Performance

MAXM

7 days+0.60%-19.79%MAX
30 days-13.78%-27.25%MAX

Correlation

-0.06over 24 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	MAX	M
Max drawdown (400d)	-22.1%	-41.1%
Risk-adjusted return (90d)	-0.20	-0.25

Relative strength over 90 days: MAX outperformed M by 3.9% — measured on the MAX/M ratio, so it holds regardless of market direction.

MAX →MemeCore →