MicroPets vs MemeCore

MemeCore (M) is 19933.7× the size of MicroPets (PETS) by market capitalisation. Over the past 30 days, PETS is ahead by 15.2 percentage points (PETS -12.0% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.05 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against PETS's 37%.

Correlation: -0.05
Size ratio: 1 : 19933.7
Ahead over 30 days: PETS

MicroPetsPETS

$0.078475

24h: +3.89%
Market cap: $91,319
Volume 24h: $672
Volatility (ann.): 37%

MemeCoreM

$0.793384

24h: -6.25%
Market cap: $1.82B
Volume 24h: $723,643
Volatility (ann.): 108%

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

Performance

PETSM

7 days-4.55%-19.79%PETS
30 days-12.01%-27.25%PETS

Correlation

-0.05over 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	PETS	M
Max drawdown (400d)	-15.1%	-41.1%
Risk-adjusted return (90d)	-0.27	-0.25

Relative strength over 90 days: PETS outperformed M by 4.8% — measured on the PETS/M ratio, so it holds regardless of market direction.

MicroPets →MemeCore →