peaq vs MemeCore

MemeCore (M) is 22.1× the size of peaq (PEAQ) by market capitalisation. Over the past 30 days, PEAQ is ahead by 47.8 percentage points (PEAQ +20.7% against M -27.1%). Their daily returns move barely together (correlation 0.25 across 52 shared trading days). PEAQ has been the more volatile of the two, at 159% annualised against M's 108%.

Correlation: 0.25
Size ratio: 1 : 22.1
Ahead over 30 days: PEAQ

peaqPEAQ

$0.032814

24h: +9.38%
Market cap: $86.97M
Volume 24h: $3.30M
Volatility (ann.): 159%

MemeCoreM

$0.839018

24h: -2.43%
Market cap: $1.92B
Volume 24h: $685,654
Volatility (ann.): 108%

PEAQ 4.3%Share of the two combined market caps95.7% M

Performance

PEAQM

7 days-11.32%-19.48%PEAQ
30 days+20.68%-27.12%PEAQ

Correlation

0.25over 52 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2990d: 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	PEAQ	M
Max drawdown (400d)	-33.1%	-41.1%
Risk-adjusted return (90d)	0.44	-0.23

Relative strength over 90 days: PEAQ outperformed M by 141.5% — measured on the PEAQ/M ratio, so it holds regardless of market direction.

peaq →MemeCore →