Patriot vs Melania Meme

Melania Meme (MELANIA) is 249.4× the size of Patriot (PATRIOT) by market capitalisation. Over the past 30 days, PATRIOT is ahead by 2.3 percentage points (PATRIOT -31.6% against MELANIA -33.8%). Their daily returns move barely in opposite directions (correlation -0.05 across 22 shared trading days). MELANIA has been the more volatile of the two, at 111% annualised against PATRIOT's 81%.

Correlation: -0.05
Size ratio: 1 : 249.4
Ahead over 30 days: PATRIOT

PatriotPATRIOT

$2.573e-5

24h: +10.90%
Market cap: $257,295
Volume 24h: $1,409
Volatility (ann.): 81%

Melania MemeMELANIA

$0.064181

24h: -13.62%
Market cap: $64.18M
Volume 24h: $7.35M
Volatility (ann.): 111%

PATRIOT 0.4%Share of the two combined market caps99.6% MELANIA

Performance

PATRIOTMELANIA

7 days+23.54%-22.90%PATRIOT
30 days-31.57%-33.84%PATRIOT

Correlation

-0.05over 22 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	PATRIOT	MELANIA
Max drawdown (400d)	-49.5%	-41.2%
Risk-adjusted return (90d)	-0.42	-0.03

Relative strength over 90 days: PATRIOT outperformed MELANIA by 19.2% — measured on the PATRIOT/MELANIA ratio, so it holds regardless of market direction.

Patriot →Melania Meme →