Mumu The Bull vs Degen

Degen (DEGEN) is 556.2× the size of Mumu The Bull (MUMU) by market capitalisation. Over the past 30 days, DEGEN is ahead by 45.2 percentage points (MUMU -58.7% against DEGEN -13.5%). Their daily returns move barely together (correlation 0.18 across 33 shared trading days). MUMU has been the more volatile of the two, at 584% annualised against DEGEN's 78%.

Correlation: 0.18
Size ratio: 1 : 556.2
Ahead over 30 days: DEGEN

Mumu The BullMUMU

$5.550e-5

24h: +6.00%
Market cap: $55,525
Volume 24h: $232
Volatility (ann.): 584%

DegenDEGEN

$0.000860

24h: -0.02%
Market cap: $30.88M
Volume 24h: $3.83M
Volatility (ann.): 78%

MUMU 0.2%Share of the two combined market caps99.8% DEGEN

Performance

MUMUDEGEN

7 days-20.53%-5.52%DEGEN
30 days-58.67%-13.51%DEGEN

Correlation

0.18over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1990d: 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	MUMU	DEGEN
Max drawdown (400d)	-85.9%	-26.2%
Risk-adjusted return (90d)	-0.12	-0.20

Relative strength over 90 days: DEGEN outperformed MUMU by 66.1% — measured on the MUMU/DEGEN ratio, so it holds regardless of market direction.

Mumu The Bull →Degen →