MEDUSA vs MemeCore

MemeCore (M) is 71431.4× the size of MEDUSA (MEDUSA) by market capitalisation. Over the past 30 days, MEDUSA is ahead by 1.7 percentage points (MEDUSA -25.5% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.06 across 22 shared trading days). M has been the more volatile of the two, at 108% annualised against MEDUSA's 48%.

Correlation: -0.06
Size ratio: 1 : 71431.4
Ahead over 30 days: MEDUSA

MEDUSAMEDUSA

$2.621e-5

24h: —
Market cap: $26,195
Volume 24h: $13
Volatility (ann.): 48%

MemeCoreM

$0.815491

24h: -1.67%
Market cap: $1.87B
Volume 24h: $1.73M
Volatility (ann.): 108%

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

Performance

MEDUSAM

7 days-9.27%-19.79%MEDUSA
30 days-25.53%-27.25%MEDUSA

Correlation

-0.06over 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	MEDUSA	M
Max drawdown (400d)	-26.6%	-41.1%
Risk-adjusted return (90d)	-0.50	-0.25

Relative strength over 90 days: M outperformed MEDUSA by 9.7% — measured on the MEDUSA/M ratio, so it holds regardless of market direction.

MEDUSA →MemeCore →