Petunia vs MemeCore

MemeCore (M) is 107827.1× the size of Petunia (PETUNIA) by market capitalisation. Over the past 30 days, PETUNIA is ahead by 4.7 percentage points (PETUNIA -20.6% against M -25.3%). Their daily returns move loosely together (correlation 0.58 across 26 shared trading days). M has been the more volatile of the two, at 107% annualised against PETUNIA's 79%.

Correlation: 0.58
Size ratio: 1 : 107827.1
Ahead over 30 days: PETUNIA

PetuniaPETUNIA

$1.757e-5

24h: —
Market cap: $17,517
Volume 24h: $6
Volatility (ann.): 79%

MemeCoreM

$0.823166

24h: -1.96%
Market cap: $1.89B
Volume 24h: $2.02M
Volatility (ann.): 107%

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

Performance

PETUNIAM

7 days-24.47%-20.13%M
30 days-20.59%-25.32%PETUNIA

Correlation

0.58over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5890d: 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	PETUNIA	M
Max drawdown (400d)	-29.1%	-41.1%
Risk-adjusted return (90d)	-0.27	-0.27

Relative strength over 90 days: PETUNIA outperformed M by 2.8% — measured on the PETUNIA/M ratio, so it holds regardless of market direction.

Petunia →MemeCore →