Pepa Inu vs MemeCore

MemeCore (M) is 11112.3× the size of Pepa Inu (PEPA) by market capitalisation. Over the past 30 days, PEPA is ahead by 14.6 percentage points (PEPA -12.7% against M -27.3%). Their daily returns move barely together (correlation 0.01 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against PEPA's 31%.

Correlation: 0.01
Size ratio: 1 : 11112.3
Ahead over 30 days: PEPA

Pepa InuPEPA

$4.007e-13

24h: -0.79%
Market cap: $168,284
Volume 24h: $1
Volatility (ann.): 31%

MemeCoreM

$0.814658

24h: -3.93%
Market cap: $1.87B
Volume 24h: $724,648
Volatility (ann.): 108%

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

Performance

PEPAM

7 days-6.74%-19.79%PEPA
30 days-12.67%-27.25%PEPA

Correlation

0.01over 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	PEPA	M
Max drawdown (400d)	-12.7%	-41.1%
Risk-adjusted return (90d)	-0.33	-0.25

Relative strength over 90 days: PEPA outperformed M by 1.1% — measured on the PEPA/M ratio, so it holds regardless of market direction.

Pepa Inu →MemeCore →