memes will continue vs MemeCore

MemeCore (M) is 34465.6× the size of memes will continue (MEMES) by market capitalisation. Over the past 30 days, M is ahead by 64.6 percentage points (MEMES -91.8% against M -27.1%). Their daily returns move loosely together (correlation 0.46 across 26 shared trading days). MEMES has been the more volatile of the two, at 293% annualised against M's 108%.

Correlation: 0.46
Size ratio: 1 : 34465.6
Ahead over 30 days: M

memes will continueMEMES

$5.585e-5

24h: +0.45%
Market cap: $55,847
Volume 24h: $1,246
Volatility (ann.): 293%

MemeCoreM

$0.839018

24h: -2.43%
Market cap: $1.92B
Volume 24h: $685,654
Volatility (ann.): 108%

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

Performance

MEMESM

7 days-89.41%-19.48%M
30 days-91.77%-27.12%M

Correlation

0.46over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4690d: 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	MEMES	M
Max drawdown (400d)	-92.1%	-41.1%
Risk-adjusted return (90d)	-0.31	-0.23

Relative strength over 90 days: M outperformed MEMES by 87.8% — measured on the MEMES/M ratio, so it holds regardless of market direction.

memes will continue →MemeCore →