Pikaboss vs MemeCore

MemeCore (M) is 328.7× the size of Pikaboss (PIKA) by market capitalisation. Over the past 30 days, M is ahead by 0.7 percentage points (PIKA -27.9% against M -27.1%). Their daily returns move closely together (correlation 0.62 across 32 shared trading days). M has been the more volatile of the two, at 108% annualised against PIKA's 80%.

Correlation: 0.62
Size ratio: 1 : 328.7
Ahead over 30 days: M

PikabossPIKA

$1.422e-8

24h: +0.28%
Market cap: $5.98M
Volume 24h: $1,024
Volatility (ann.): 80%

MemeCoreM

$0.857124

24h: +2.85%
Market cap: $1.97B
Volume 24h: $1.68M
Volatility (ann.): 108%

PIKA 0.3%Share of the two combined market caps99.7% M

Performance

PIKAM

7 days-1.84%-19.48%PIKA
30 days-27.85%-27.12%M

Correlation

0.62over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6290d: 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	PIKA	M
Max drawdown (400d)	-29.8%	-41.1%
Risk-adjusted return (90d)	-0.35	-0.23

Relative strength over 90 days: M outperformed PIKA by 9.3% — measured on the PIKA/M ratio, so it holds regardless of market direction.

Pikaboss →MemeCore →