Max on ETH vs MemeCore

MemeCore (M) is 10512.6× the size of Max on ETH (MAXETH) by market capitalisation. Over the past 30 days, M is ahead by 8.1 percentage points (MAXETH -35.4% against M -27.3%). Their daily returns move barely together (correlation 0.01 across 22 shared trading days). MAXETH has been the more volatile of the two, at 158% annualised against M's 108%.

Correlation: 0.01
Size ratio: 1 : 10512.6
Ahead over 30 days: M

Max on ETHMAXETH

$1.813e-7

24h: +23.81%
Market cap: $181,280
Volume 24h: $2,044
Volatility (ann.): 158%

MemeCoreM

$0.830662

24h: -1.86%
Market cap: $1.91B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

MAXETHM

7 days-2.15%-19.79%MAXETH
30 days-35.40%-27.25%M

Correlation

0.01over 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	MAXETH	M
Max drawdown (400d)	-49.7%	-41.1%
Risk-adjusted return (90d)	-0.22	-0.25

Relative strength over 90 days: M outperformed MAXETH by 24.7% — measured on the MAXETH/M ratio, so it holds regardless of market direction.

Max on ETH →MemeCore →