Quakk vs MemeCore

MemeCore (M) is 50137.9× the size of Quakk (QUAKK) by market capitalisation. Over the past 30 days, QUAKK is ahead by 11.3 percentage points (QUAKK -16.0% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.22 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against QUAKK's 44%.

Correlation: -0.22
Size ratio: 1 : 50137.9
Ahead over 30 days: QUAKK

QuakkQUAKK

$3.808e-5

24h: +4.08%
Market cap: $37,320
Volume 24h: $3
Volatility (ann.): 44%

MemeCoreM

$0.815491

24h: -1.67%
Market cap: $1.87B
Volume 24h: $1.73M
Volatility (ann.): 108%

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

Performance

QUAKKM

7 days-3.42%-19.79%QUAKK
30 days-15.98%-27.25%QUAKK

Correlation

-0.22over 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	QUAKK	M
Max drawdown (400d)	-22.1%	-41.1%
Risk-adjusted return (90d)	-0.29	-0.25

Relative strength over 90 days: M outperformed QUAKK by 0.3% — measured on the QUAKK/M ratio, so it holds regardless of market direction.

Quakk →MemeCore →