牛马 (Niu Ma) vs MEME HORSE

MEME HORSE (MHORSE) is 3506.0× the size of 牛马 (Niu Ma) (牛马) by market capitalisation. Over the past 30 days, 牛马 is ahead by 2.0 percentage points (牛马 -30.7% against MHORSE -32.7%). Their daily returns move barely in opposite directions (correlation -0.33 across 20 shared trading days). 牛马 has been the more volatile of the two, at 199% annualised against MHORSE's 111%.

Correlation: -0.33
Size ratio: 1 : 3506.0
Ahead over 30 days: 牛马

牛马 (Niu Ma)牛马

$1.173e-5

24h: -1.92%
Market cap: $11,613
Volume 24h: $634
Volatility (ann.): 199%

MEME HORSEMHORSE

$0.040715

24h: +20.84%
Market cap: $40.72M
Volume 24h: $1.26M
Volatility (ann.): 111%

牛马 0.0%Share of the two combined market caps100.0% MHORSE

Performance

牛马MHORSE

7 days-3.23%+20.86%MHORSE
30 days-30.71%-32.73%牛马

Correlation

-0.33over 20 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	牛马	MHORSE
Max drawdown (400d)	-60.5%	-44.4%
Risk-adjusted return (90d)	-0.20	-0.29

Relative strength over 90 days: MHORSE outperformed 牛马 by 28.2% — measured on the 牛马/MHORSE ratio, so it holds regardless of market direction.

牛马 (Niu Ma) →MEME HORSE →