NDQ666 vs MemeCore

MemeCore (M) is 84674.9× the size of NDQ666 (NDQ) by market capitalisation. Over the past 30 days, NDQ is ahead by 19.1 percentage points (NDQ -8.2% against M -27.3%). Their daily returns move barely together (correlation 0.12 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against NDQ's 48%.

Correlation: 0.12
Size ratio: 1 : 84674.9
Ahead over 30 days: NDQ

NDQ666NDQ

$2.210e-5

24h: +4.19%
Market cap: $22,098
Volume 24h: $15
Volatility (ann.): 48%

MemeCoreM

$0.815491

24h: -1.67%
Market cap: $1.87B
Volume 24h: $1.73M
Volatility (ann.): 108%

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

Performance

NDQM

7 days-8.35%-19.79%NDQ
30 days-8.19%-27.25%NDQ

Correlation

0.12over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	NDQ	M
Max drawdown (400d)	-12.2%	-41.1%
Risk-adjusted return (90d)	-0.19	-0.25

Relative strength over 90 days: NDQ outperformed M by 6.9% — measured on the NDQ/M ratio, so it holds regardless of market direction.

NDQ666 →MemeCore →