Mindfak By Matt Furie vs MemeCore

MemeCore (M) is 28695.9× the size of Mindfak By Matt Furie (MINDFAK) by market capitalisation. Over the past 30 days, MINDFAK is ahead by 18.4 percentage points (MINDFAK -8.9% against M -27.3%). Their daily returns move barely together (correlation 0.19 across 27 shared trading days). Both have run at a similar volatility, around 106% annualised.

Correlation: 0.19
Size ratio: 1 : 28695.9
Ahead over 30 days: MINDFAK

Mindfak By Matt FurieMINDFAK

$9.453e-5

24h: +2.51%
Market cap: $65,228
Volume 24h: $481
Volatility (ann.): 104%

MemeCoreM

$0.815789

24h: -3.28%
Market cap: $1.87B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

MINDFAKM

7 days-0.24%-19.79%MINDFAK
30 days-8.85%-27.25%MINDFAK

Correlation

0.19over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1990d: 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	MINDFAK	M
Max drawdown (400d)	-37.4%	-41.1%
Risk-adjusted return (90d)	-0.35	-0.25

Relative strength over 90 days: M outperformed MINDFAK by 17.6% — measured on the MINDFAK/M ratio, so it holds regardless of market direction.

Mindfak By Matt Furie →MemeCore →