OSK vs MEME HORSE

MEME HORSE (MHORSE) is 3.0× the size of OSK (OSK) by market capitalisation. Over the past 30 days, MHORSE is ahead by 25.5 percentage points (OSK -58.2% against MHORSE -32.7%). Their daily returns move barely together (correlation 0.29 across 47 shared trading days). OSK has been the more volatile of the two, at 238% annualised against MHORSE's 111%.

Correlation: 0.29
Size ratio: 1 : 3.0
Ahead over 30 days: MHORSE

OSKOSK

$13.0000

24h: +0.72%
Market cap: $13.76M
Volume 24h: $41
Volatility (ann.): 238%

MEME HORSEMHORSE

$0.040728

24h: +20.83%
Market cap: $40.73M
Volume 24h: $1.37M
Volatility (ann.): 111%

OSK 25.3%Share of the two combined market caps74.7% MHORSE

Performance

OSKMHORSE

7 days-1.66%+20.86%MHORSE
30 days-58.25%-32.73%MHORSE

Correlation

0.29over 47 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3090d: 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	OSK	MHORSE
Max drawdown (400d)	-67.8%	-44.4%
Risk-adjusted return (90d)	-0.27	-0.29

Relative strength over 90 days: MHORSE outperformed OSK by 48.3% — measured on the OSK/MHORSE ratio, so it holds regardless of market direction.

OSK →MEME HORSE →