Mubarakah vs MemeCore

MemeCore (M) is 5133.1× the size of Mubarakah (MUBARAKAH) by market capitalisation. Over the past 30 days, MUBARAKAH is ahead by 0.4 percentage points (MUBARAKAH -26.9% against M -27.3%). Their daily returns move loosely together (correlation 0.59 across 27 shared trading days). MUBARAKAH has been the more volatile of the two, at 186% annualised against M's 108%.

Correlation: 0.59
Size ratio: 1 : 5133.1
Ahead over 30 days: MUBARAKAH

MubarakahMUBARAKAH

$0.000375

24h: +5.32%
Market cap: $374,529
Volume 24h: $27,081
Volatility (ann.): 186%

MemeCoreM

$0.837959

24h: -1.32%
Market cap: $1.92B
Volume 24h: $714,592
Volatility (ann.): 108%

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

Performance

MUBARAKAHM

7 days-11.03%-19.79%MUBARAKAH
30 days-26.90%-27.25%MUBARAKAH

Correlation

0.59over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5990d: 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	MUBARAKAH	M
Max drawdown (400d)	-47.1%	-41.1%
Risk-adjusted return (90d)	0.02	-0.25

Relative strength over 90 days: MUBARAKAH outperformed M by 32.5% — measured on the MUBARAKAH/M ratio, so it holds regardless of market direction.

Mubarakah →MemeCore →