Rexwifhat vs MemeCore

MemeCore (M) is 77050.4× the size of Rexwifhat (REXHAT) by market capitalisation. Over the past 30 days, REXHAT is ahead by 5.8 percentage points (REXHAT -19.6% against M -25.3%). Their daily returns move barely in opposite directions (correlation -0.09 across 25 shared trading days). M has been the more volatile of the two, at 107% annualised against REXHAT's 56%.

Correlation: -0.09
Size ratio: 1 : 77050.4
Ahead over 30 days: REXHAT

RexwifhatREXHAT

$5.025e-5

24h: -11.56%
Market cap: $25,120
Volume 24h: $419
Volatility (ann.): 56%

MemeCoreM

$0.843513

24h: +1.15%
Market cap: $1.94B
Volume 24h: $1.09M
Volatility (ann.): 107%

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

Performance

REXHATM

7 days-13.63%-20.13%REXHAT
30 days-19.56%-25.32%REXHAT

Correlation

-0.09over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0990d: 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	REXHAT	M
Max drawdown (400d)	-20.3%	-41.1%
Risk-adjusted return (90d)	-0.32	-0.27

Relative strength over 90 days: M outperformed REXHAT by 2.2% — measured on the REXHAT/M ratio, so it holds regardless of market direction.

Rexwifhat →MemeCore →