Nubila Network vs MemeCore

MemeCore (M) is 19420.0× the size of Nubila Network (NB) by market capitalisation. Over the past 30 days, NB is ahead by 2.7 percentage points (NB -24.6% against M -27.3%). Their daily returns move loosely together (correlation 0.51 across 26 shared trading days). NB has been the more volatile of the two, at 326% annualised against M's 108%.

Correlation: 0.51
Size ratio: 1 : 19420.0
Ahead over 30 days: NB

Nubila NetworkNB

$0.000519

24h: +2.88%
Market cap: $95,533
Volume 24h: $5,975
Volatility (ann.): 326%

MemeCoreM

$0.808618

24h: -3.94%
Market cap: $1.86B
Volume 24h: $696,271
Volatility (ann.): 108%

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

Performance

NBM

7 days-35.65%-19.79%M
30 days-24.55%-27.25%NB

Correlation

0.51over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5190d: 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	NB	M
Max drawdown (400d)	-61.3%	-41.1%
Risk-adjusted return (90d)	-0.08	-0.25

Relative strength over 90 days: M outperformed NB by 4.2% — measured on the NB/M ratio, so it holds regardless of market direction.

Nubila Network →MemeCore →