MSTR2100 vs MemeCore

MemeCore (M) is 4742.6× the size of MSTR2100 (MSTR) by market capitalisation. Over the past 30 days, MSTR is ahead by 12.4 percentage points (MSTR -14.7% against M -27.1%). Their daily returns move barely together (correlation 0.33 across 26 shared trading days). M has been the more volatile of the two, at 108% annualised against MSTR's 83%.

Correlation: 0.33
Size ratio: 1 : 4742.6
Ahead over 30 days: MSTR

MSTR2100MSTR

$0.019918

24h: +0.78%
Market cap: $411,217
Volume 24h: $57,707
Volatility (ann.): 83%

MemeCoreM

$0.850179

24h: -0.28%
Market cap: $1.95B
Volume 24h: $1.79M
Volatility (ann.): 108%

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

Performance

MSTRM

7 days-19.81%-19.48%M
30 days-14.67%-27.12%MSTR

Correlation

0.33over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 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	MSTR	M
Max drawdown (400d)	-24.2%	-41.1%
Risk-adjusted return (90d)	-0.22	-0.23

Relative strength over 90 days: MSTR outperformed M by 0.8% — measured on the MSTR/M ratio, so it holds regardless of market direction.

MSTR2100 →MemeCore →