Opus Genesis vs MemeCore

MemeCore (M) is 7014.3× the size of Opus Genesis (OPUS) by market capitalisation. Over the past 30 days, M is ahead by 7.4 percentage points (OPUS -34.5% against M -27.1%). Their daily returns move barely in opposite directions (correlation -0.07 across 23 shared trading days). M has been the more volatile of the two, at 108% annualised against OPUS's 65%.

Correlation: -0.07
Size ratio: 1 : 7014.3
Ahead over 30 days: M

Opus GenesisOPUS

$0.000549

24h: -6.54%
Market cap: $274,498
Volume 24h: $2,955
Volatility (ann.): 65%

MemeCoreM

$0.839291

24h: -2.37%
Market cap: $1.93B
Volume 24h: $668,242
Volatility (ann.): 108%

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

Performance

OPUSM

7 days-13.69%-19.48%OPUS
30 days-34.48%-27.12%M

Correlation

-0.07over 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	OPUS	M
Max drawdown (400d)	-34.5%	-41.1%
Risk-adjusted return (90d)	-0.36	-0.23

Relative strength over 90 days: M outperformed OPUS by 19.3% — measured on the OPUS/M ratio, so it holds regardless of market direction.

Opus Genesis →MemeCore →