Pofu vs MemeCore

MemeCore (M) is 339.9× the size of Pofu (POFU) by market capitalisation. Over the past 30 days, POFU is ahead by 3.9 percentage points (POFU -23.2% against M -27.1%). Their daily returns move loosely together (correlation 0.50 across 32 shared trading days). M has been the more volatile of the two, at 108% annualised against POFU's 64%.

Correlation: 0.50
Size ratio: 1 : 339.9
Ahead over 30 days: POFU

PofuPOFU

$5.753e-5

24h: -0.38%
Market cap: $5.75M
Volume 24h: $7
Volatility (ann.): 64%

MemeCoreM

$0.852459

24h: +2.40%
Market cap: $1.96B
Volume 24h: $609,361
Volatility (ann.): 108%

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

Performance

POFUM

7 days-2.47%-19.48%POFU
30 days-23.18%-27.12%POFU

Correlation

0.50over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5090d: 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	POFU	M
Max drawdown (400d)	-28.8%	-41.1%
Risk-adjusted return (90d)	-0.41	-0.23

Relative strength over 90 days: M outperformed POFU by 7.2% — measured on the POFU/M ratio, so it holds regardless of market direction.

Pofu →MemeCore →