Moolah vs MemeCore

MemeCore (M) is 30.5× the size of Moolah (MOOLAH) by market capitalisation. Over the past 30 days, MOOLAH is ahead by 111.6 percentage points (MOOLAH +84.5% against M -27.1%). Their daily returns move barely together (correlation 0.01 across 46 shared trading days). MOOLAH has been the more volatile of the two, at 138% annualised against M's 108%.

Correlation: 0.01
Size ratio: 1 : 30.5
Ahead over 30 days: MOOLAH

MoolahMOOLAH

$0.063415

24h: -2.96%
Market cap: $63.42M
Volume 24h: $153,793
Volatility (ann.): 138%

MemeCoreM

$0.844542

24h: -2.03%
Market cap: $1.94B
Volume 24h: $1.61M
Volatility (ann.): 108%

MOOLAH 3.2%Share of the two combined market caps96.8% M

Performance

MOOLAHM

7 days-9.42%-19.48%MOOLAH
30 days+84.46%-27.12%MOOLAH

Correlation

0.01over 46 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0890d: 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	MOOLAH	M
Max drawdown (400d)	-28.7%	-41.1%
Risk-adjusted return (90d)	0.73	-0.23

Relative strength over 90 days: MOOLAH outperformed M by 159.8% — measured on the MOOLAH/M ratio, so it holds regardless of market direction.

Moolah →MemeCore →