NEKO vs MemeCore

MemeCore (M) is 14193.2× the size of NEKO (NEKO) by market capitalisation. Over the past 30 days, M is ahead by 21.1 percentage points (NEKO -48.4% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.05 across 21 shared trading days). NEKO has been the more volatile of the two, at 2038% annualised against M's 108%.

Correlation: -0.05
Size ratio: 1 : 14193.2
Ahead over 30 days: M

NEKONEKO

$1.302e-5

24h: +3.42%
Market cap: $130,229
Volume 24h: $726
Volatility (ann.): 2038%

MemeCoreM

$0.805602

24h: -5.29%
Market cap: $1.85B
Volume 24h: $1.47M
Volatility (ann.): 108%

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

Performance

NEKOM

7 days-4.01%-19.79%NEKO
30 days-48.38%-27.25%M

Correlation

-0.05over 21 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	NEKO	M
Max drawdown (400d)	-93.5%	-41.1%
Risk-adjusted return (90d)	-0.04	-0.25

Relative strength over 90 days: M outperformed NEKO by 3.2% — measured on the NEKO/M ratio, so it holds regardless of market direction.

NEKO →MemeCore →