Mr. Lightspeed Creator Coin vs Degen

Degen (DEGEN) is 260.8× the size of Mr. Lightspeed Creator Coin (MR_LIGHTSPEED) by market capitalisation. Over the past 30 days, DEGEN is ahead by 24.9 percentage points (MR_LIGHTSPEED -38.4% against DEGEN -13.5%). Their daily returns move barely together (correlation 0.25 across 33 shared trading days). MR_LIGHTSPEED has been the more volatile of the two, at 111% annualised against DEGEN's 78%.

Correlation: 0.25
Size ratio: 1 : 260.8
Ahead over 30 days: DEGEN

Mr. Lightspeed Creator CoinMR_LIGHTSPEED

$0.000216

24h: +2.16%
Market cap: $116,312
Volume 24h: $106
Volatility (ann.): 111%

DegenDEGEN

$0.000845

24h: -1.54%
Market cap: $30.33M
Volume 24h: $4.09M
Volatility (ann.): 78%

MR_LIGHTSPEED 0.4%Share of the two combined market caps99.6% DEGEN

Performance

MR_LIGHTSPEEDDEGEN

7 days-13.98%-5.52%DEGEN
30 days-38.41%-13.51%DEGEN

Correlation

0.25over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2490d: 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	MR_LIGHTSPEED	DEGEN
Max drawdown (400d)	-39.1%	-26.2%
Risk-adjusted return (90d)	-0.18	-0.20

Relative strength over 90 days: DEGEN outperformed MR_LIGHTSPEED by 10.3% — measured on the MR_LIGHTSPEED/DEGEN ratio, so it holds regardless of market direction.

Mr. Lightspeed Creator Coin →Degen →