Monke Phone vs MemeCore

MemeCore (M) is 110531.9× the size of Monke Phone (MONKEPHONE) by market capitalisation. Over the past 30 days, MONKEPHONE is ahead by 17.0 percentage points (MONKEPHONE -10.3% against M -27.3%). Their daily returns move barely together (correlation 0.02 across 21 shared trading days). M has been the more volatile of the two, at 108% annualised against MONKEPHONE's 23%.

Correlation: 0.02
Size ratio: 1 : 110531.9
Ahead over 30 days: MONKEPHONE

Monke PhoneMONKEPHONE

$1.694e-5

24h: -0.01%
Market cap: $16,928
Volume 24h: $279
Volatility (ann.): 23%

MemeCoreM

$0.815514

24h: -3.26%
Market cap: $1.87B
Volume 24h: $1.65M
Volatility (ann.): 108%

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

Performance

MONKEPHONEM

7 days-4.67%-19.79%MONKEPHONE
30 days-10.26%-27.25%MONKEPHONE

Correlation

0.02over 21 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	MONKEPHONE	M
Max drawdown (400d)	-10.7%	-41.1%
Risk-adjusted return (90d)	-0.46	-0.25

Relative strength over 90 days: MONKEPHONE outperformed M by 2.0% — measured on the MONKEPHONE/M ratio, so it holds regardless of market direction.

Monke Phone →MemeCore →