Oh no vs MemeCore

MemeCore (M) is 2746.7× the size of Oh no (OHNO) by market capitalisation. Over the past 30 days, OHNO is ahead by 34.7 percentage points (OHNO +7.6% against M -27.1%). Their daily returns move barely together (correlation 0.19 across 20 shared trading days). M has been the more volatile of the two, at 108% annualised against OHNO's 47%.

Correlation: 0.19
Size ratio: 1 : 2746.7
Ahead over 30 days: OHNO

Oh noOHNO

$7.053e-5

24h: —
Market cap: $705,347
Volume 24h: —
Volatility (ann.): 47%

MemeCoreM

$0.844542

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

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

Performance

OHNOM

7 days+0.03%-19.48%OHNO
30 days+7.59%-27.12%OHNO

Correlation

0.19over 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	OHNO	M
Max drawdown (400d)	-5.3%	-41.1%
Risk-adjusted return (90d)	0.16	-0.23

Relative strength over 90 days: OHNO outperformed M by 1.4% — measured on the OHNO/M ratio, so it holds regardless of market direction.

Oh no →MemeCore →