Mongoose vs MemeCore

MemeCore (M) is 2837.9× the size of Mongoose (MONGOOSE) by market capitalisation. Over the past 30 days, MONGOOSE is ahead by 13.1 percentage points (MONGOOSE -14.1% against M -27.3%). Their daily returns move barely together (correlation 0.09 across 22 shared trading days). M has been the more volatile of the two, at 108% annualised against MONGOOSE's 38%.

Correlation: 0.09
Size ratio: 1 : 2837.9
Ahead over 30 days: MONGOOSE

MongooseMONGOOSE

$1.000e-17

24h: —
Market cap: $669,556
Volume 24h: $92
Volatility (ann.): 38%

MemeCoreM

$0.828184

24h: -3.32%
Market cap: $1.90B
Volume 24h: $1.63M
Volatility (ann.): 108%

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

Performance

MONGOOSEM

7 days-1.34%-19.79%MONGOOSE
30 days-14.14%-27.25%MONGOOSE

Correlation

0.09over 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	MONGOOSE	M
Max drawdown (400d)	-17.9%	-41.1%
Risk-adjusted return (90d)	-0.38	-0.25

Relative strength over 90 days: M outperformed MONGOOSE by 0.9% — measured on the MONGOOSE/M ratio, so it holds regardless of market direction.

Mongoose →MemeCore →