Niche Baby vs MemeCore

MemeCore (M) is 114349.1× the size of Niche Baby (BABY) by market capitalisation. Over the past 30 days, M is ahead by 4.6 percentage points (BABY -29.9% against M -25.3%). Their daily returns move loosely together (correlation 0.45 across 25 shared trading days). M has been the more volatile of the two, at 107% annualised against BABY's 43%.

Correlation: 0.45
Size ratio: 1 : 114349.1
Ahead over 30 days: M

Niche BabyBABY

$1.907e-5

24h: —
Market cap: $16,452
Volume 24h: $8
Volatility (ann.): 43%

MemeCoreM

$0.819888

24h: -1.52%
Market cap: $1.88B
Volume 24h: $1.99M
Volatility (ann.): 107%

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

Performance

BABYM

7 days-9.02%-20.13%BABY
30 days-29.94%-25.32%M

Correlation

0.45over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4590d: 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	BABY	M
Max drawdown (400d)	-32.2%	-41.1%
Risk-adjusted return (90d)	-0.66	-0.27

Relative strength over 90 days: M outperformed BABY by 9.9% — measured on the BABY/M ratio, so it holds regardless of market direction.

Niche Baby →MemeCore →