QuantumX vs MemeCore

MemeCore (M) is 91896.8× the size of QuantumX (QTX) by market capitalisation. Over the past 30 days, M is ahead by 0.1 percentage points (QTX -25.4% against M -25.3%). Their daily returns move barely together (correlation 0.03 across 23 shared trading days). M has been the more volatile of the two, at 107% annualised against QTX's 77%.

Correlation: 0.03
Size ratio: 1 : 91896.8
Ahead over 30 days: M

QuantumXQTX

$2.047e-5

24h: +5.22%
Market cap: $20,471
Volume 24h: $57
Volatility (ann.): 77%

MemeCoreM

$0.819888

24h: -1.52%
Market cap: $1.88B
Volume 24h: $1.99M
Volatility (ann.): 107%

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

Performance

QTXM

7 days-3.68%-20.13%QTX
30 days-25.41%-25.32%M

Correlation

0.03over 23 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	QTX	M
Max drawdown (400d)	-31.1%	-41.1%
Risk-adjusted return (90d)	-0.30	-0.27

Relative strength over 90 days: M outperformed QTX by 9.2% — measured on the QTX/M ratio, so it holds regardless of market direction.

QuantumX →MemeCore →