REAL WORLD APPAREL vs MemeCore

MemeCore (M) is 304861.1× the size of REAL WORLD APPAREL (JACKET) by market capitalisation. Over the past 30 days, M is ahead by 71.9 percentage points (JACKET -99.0% against M -27.1%). Their daily returns move barely together (correlation 0.13 across 22 shared trading days). JACKET has been the more volatile of the two, at 397% annualised against M's 108%.

Correlation: 0.13
Size ratio: 1 : 304861.1
Ahead over 30 days: M

REAL WORLD APPARELJACKET

$6.400e-6

24h: -1.62%
Market cap: $6,397
Volume 24h: $50
Volatility (ann.): 397%

MemeCoreM

$0.850179

24h: -0.28%
Market cap: $1.95B
Volume 24h: $1.79M
Volatility (ann.): 108%

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

Performance

JACKETM

7 days-98.83%-19.48%M
30 days-98.98%-27.12%M

Correlation

0.13over 22 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	JACKET	M
Max drawdown (400d)	-99.0%	-41.1%
Risk-adjusted return (90d)	-0.25	-0.23

Relative strength over 90 days: M outperformed JACKET by 98.9% — measured on the JACKET/M ratio, so it holds regardless of market direction.

REAL WORLD APPAREL →MemeCore →