PELFORT vs MemeCore

MemeCore (M) is 26805.7× the size of PELFORT (PELF) by market capitalisation. Over the past 30 days, PELF is ahead by 3.4 percentage points (PELF -23.9% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.29 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against PELF's 53%.

Correlation: -0.29
Size ratio: 1 : 26805.7
Ahead over 30 days: PELF

PELFORTPELF

$6.920e-6

24h: +4.90%
Market cap: $69,211
Volume 24h: $20
Volatility (ann.): 53%

MemeCoreM

$0.808618

24h: -3.94%
Market cap: $1.86B
Volume 24h: $696,271
Volatility (ann.): 108%

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

Performance

PELFM

7 days-7.79%-19.79%PELF
30 days-23.86%-27.25%PELF

Correlation

-0.29over 24 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	PELF	M
Max drawdown (400d)	-26.7%	-41.1%
Risk-adjusted return (90d)	-0.40	-0.25

Relative strength over 90 days: M outperformed PELF by 4.9% — measured on the PELF/M ratio, so it holds regardless of market direction.

PELFORT →MemeCore →