PIZZA vs MemeCore

MemeCore (M) is 45161.4× the size of PIZZA (PIZZA) by market capitalisation. Over the past 30 days, PIZZA is ahead by 10.1 percentage points (PIZZA -17.1% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.18 across 24 shared trading days). PIZZA has been the more volatile of the two, at 202% annualised against M's 108%.

Correlation: -0.18
Size ratio: 1 : 45161.4
Ahead over 30 days: PIZZA

PIZZAPIZZA

$4.100e-5

24h: +0.71%
Market cap: $41,004
Volume 24h: $255
Volatility (ann.): 202%

MemeCoreM

$0.807102

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

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

Performance

PIZZAM

7 days-10.80%-19.79%PIZZA
30 days-17.14%-27.25%PIZZA

Correlation

-0.18over 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	PIZZA	M
Max drawdown (400d)	-47.9%	-41.1%
Risk-adjusted return (90d)	-0.21	-0.25

Relative strength over 90 days: M outperformed PIZZA by 0.6% — measured on the PIZZA/M ratio, so it holds regardless of market direction.

PIZZA →MemeCore →