Niuma vs MEME HORSE

MEME HORSE (MHORSE) is 287.2× the size of Niuma (NIUMA) by market capitalisation. Over the past 30 days, NIUMA is ahead by 554.5 percentage points (NIUMA +521.8% against MHORSE -32.7%). Their daily returns move barely together (correlation 0.02 across 32 shared trading days). NIUMA has been the more volatile of the two, at 30394% annualised against MHORSE's 110%.

Correlation: 0.02
Size ratio: 1 : 287.2
Ahead over 30 days: NIUMA

NiumaNIUMA

$0.000145

24h: -3.50%
Market cap: $141,814
Volume 24h: $1,810
Volatility (ann.): 30394%

MEME HORSEMHORSE

$0.040729

24h: +0.02%
Market cap: $40.73M
Volume 24h: $1.35M
Volatility (ann.): 110%

NIUMA 0.3%Share of the two combined market caps99.7% MHORSE

Performance

NIUMAMHORSE

7 days-68.94%+20.84%MHORSE
30 days+521.83%-32.70%NIUMA

Correlation

0.02over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0290d: 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	NIUMA	MHORSE
Max drawdown (400d)	-89.0%	-44.4%
Risk-adjusted return (90d)	0.02	-0.30

Relative strength over 90 days: NIUMA outperformed MHORSE by 852.1% — measured on the NIUMA/MHORSE ratio, so it holds regardless of market direction.

Niuma →MEME HORSE →