Moo Deng vs MemeCore

MemeCore (M) is 58.3× the size of Moo Deng (MOODENG) by market capitalisation. Over the past 30 days, MOODENG is ahead by 15.9 percentage points (MOODENG -11.3% against M -27.3%). Their daily returns move loosely together (correlation 0.43 across 49 shared trading days). Both have run at a similar volatility, around 103% annualised.

Correlation: 0.43
Size ratio: 1 : 58.3
Ahead over 30 days: MOODENG

Moo DengMOODENG

$0.032434

24h: -8.21%
Market cap: $32.11M
Volume 24h: $6.63M
Volatility (ann.): 99%

MemeCoreM

$0.815491

24h: -1.67%
Market cap: $1.87B
Volume 24h: $1.73M
Volatility (ann.): 108%

MOODENG 1.7%Share of the two combined market caps98.3% M

Performance

MOODENGM

7 days-8.78%-19.79%MOODENG
30 days-11.31%-27.25%MOODENG

Correlation

0.43over 49 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5090d: 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	MOODENG	M
Max drawdown (400d)	-32.2%	-41.1%
Risk-adjusted return (90d)	-0.25	-0.25

Relative strength over 90 days: MOODENG outperformed M by 1.1% — measured on the MOODENG/M ratio, so it holds regardless of market direction.

Moo Deng →MemeCore →