OUTLAW Crypto Games vs MemeCore

MemeCore (M) is 97555.8× the size of OUTLAW Crypto Games (OUTLAW) by market capitalisation. Over the past 30 days, OUTLAW is ahead by 7.6 percentage points (OUTLAW -17.7% against M -25.3%). Their daily returns move barely in opposite directions (correlation -0.22 across 25 shared trading days). OUTLAW has been the more volatile of the two, at 546% annualised against M's 107%.

Correlation: -0.22
Size ratio: 1 : 97555.8
Ahead over 30 days: OUTLAW

OUTLAW Crypto GamesOUTLAW

$1.947e-5

24h: +15.38%
Market cap: $19,284
Volume 24h: $159
Volatility (ann.): 546%

MemeCoreM

$0.819888

24h: -1.52%
Market cap: $1.88B
Volume 24h: $1.99M
Volatility (ann.): 107%

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

Performance

OUTLAWM

7 days+21.39%-20.13%OUTLAW
30 days-17.71%-25.32%OUTLAW

Correlation

-0.22over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2290d: 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	OUTLAW	M
Max drawdown (400d)	-63.5%	-41.1%
Risk-adjusted return (90d)	-0.01	-0.27

Relative strength over 90 days: OUTLAW outperformed M by 3.9% — measured on the OUTLAW/M ratio, so it holds regardless of market direction.

OUTLAW Crypto Games →MemeCore →