Moo Cow vs MemeCore

MemeCore (M) is 49435.6× the size of Moo Cow (MOOCOW) by market capitalisation. Over the past 30 days, MOOCOW is ahead by 2.1 percentage points (MOOCOW -25.2% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.14 across 22 shared trading days). M has been the more volatile of the two, at 108% annualised against MOOCOW's 30%.

Correlation: -0.14
Size ratio: 1 : 49435.6
Ahead over 30 days: MOOCOW

Moo CowMOOCOW

$9.000e-8

24h: +2.75%
Market cap: $37,863
Volume 24h: $9
Volatility (ann.): 30%

MemeCoreM

$0.815789

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

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

Performance

MOOCOWM

7 days-4.00%-19.79%MOOCOW
30 days-25.20%-27.25%MOOCOW

Correlation

-0.14over 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	MOOCOW	M
Max drawdown (400d)	-25.3%	-41.1%
Risk-adjusted return (90d)	-0.84	-0.25

Relative strength over 90 days: M outperformed MOOCOW by 10.8% — measured on the MOOCOW/M ratio, so it holds regardless of market direction.

Moo Cow →MemeCore →