Pepe Unchained [OLD] vs MemeCore

MemeCore (M) is 8371.4× the size of Pepe Unchained [OLD] (PEPU) by market capitalisation. Over the past 30 days, PEPU is ahead by 16.7 percentage points (PEPU -10.5% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.01 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against PEPU's 40%.

Correlation: -0.01
Size ratio: 1 : 8371.4
Ahead over 30 days: PEPU

Pepe Unchained [OLD]PEPU

$2.765e-5

24h: +6.28%
Market cap: $221,204
Volume 24h: $118
Volatility (ann.): 40%

MemeCoreM

$0.807102

24h: -4.78%
Market cap: $1.85B
Volume 24h: $1.48M
Volatility (ann.): 108%

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

Performance

PEPUM

7 days+1.80%-19.79%PEPU
30 days-10.54%-27.25%PEPU

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	PEPU	M
Max drawdown (400d)	-17.6%	-41.1%
Risk-adjusted return (90d)	-0.25	-0.25

Relative strength over 90 days: PEPU outperformed M by 6.5% — measured on the PEPU/M ratio, so it holds regardless of market direction.

Pepe Unchained [OLD] →MemeCore →