NSDQ420 vs MemeCore

MemeCore (M) is 17514.4× the size of NSDQ420 (NSDQ) by market capitalisation. Over the past 30 days, NSDQ is ahead by 14.1 percentage points (NSDQ -13.1% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.15 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against NSDQ's 50%.

Correlation: -0.15
Size ratio: 1 : 17514.4
Ahead over 30 days: NSDQ

NSDQ420NSDQ

$0.000106

24h: +6.52%
Market cap: $105,730
Volume 24h: $30
Volatility (ann.): 50%

MemeCoreM

$0.807102

24h: -4.78%
Market cap: $1.85B
Volume 24h: $1.48M
Volatility (ann.): 108%

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

Performance

NSDQM

7 days-3.12%-19.79%NSDQ
30 days-13.15%-27.25%NSDQ

Correlation

-0.15over 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	NSDQ	M
Max drawdown (400d)	-19.6%	-41.1%
Risk-adjusted return (90d)	-0.20	-0.25

Relative strength over 90 days: M outperformed NSDQ by 3.4% — measured on the NSDQ/M ratio, so it holds regardless of market direction.

NSDQ420 →MemeCore →