OFFICIAL K-POP vs MemeCore

MemeCore (M) is 3071.8× the size of OFFICIAL K-POP (KPOP) by market capitalisation. Over the past 30 days, KPOP is ahead by 53.8 percentage points (KPOP +26.6% against M -27.1%). Their daily returns move loosely together (correlation 0.46 across 23 shared trading days). Both have run at a similar volatility, around 111% annualised.

Correlation: 0.46
Size ratio: 1 : 3071.8
Ahead over 30 days: KPOP

OFFICIAL K-POPKPOP

$8.760e-5

24h: -0.77%
Market cap: $630,686
Volume 24h: $368
Volatility (ann.): 113%

MemeCoreM

$0.844542

24h: -2.03%
Market cap: $1.94B
Volume 24h: $1.61M
Volatility (ann.): 108%

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

Performance

KPOPM

7 days-13.32%-19.48%KPOP
30 days+26.63%-27.12%KPOP

Correlation

0.46over 23 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	KPOP	M
Max drawdown (400d)	-24.5%	-41.1%
Risk-adjusted return (90d)	0.08	-0.23

Relative strength over 90 days: KPOP outperformed M by 35.3% — measured on the KPOP/M ratio, so it holds regardless of market direction.

OFFICIAL K-POP →MemeCore →