Rizo vs MemeCore

MemeCore (M) is 23656.3× the size of Rizo (RIZO) by market capitalisation. Over the past 30 days, RIZO is ahead by 19.4 percentage points (RIZO -7.9% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.01 across 21 shared trading days). RIZO has been the more volatile of the two, at 146% annualised against M's 108%.

Correlation: -0.01
Size ratio: 1 : 23656.3
Ahead over 30 days: RIZO

RizoRIZO

$1.864e-7

24h: —
Market cap: $78,425
Volume 24h: $1,222
Volatility (ann.): 146%

MemeCoreM

$0.808618

24h: -3.94%
Market cap: $1.86B
Volume 24h: $696,271
Volatility (ann.): 108%

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

Performance

RIZOM

7 days-20.15%-19.79%M
30 days-7.88%-27.25%RIZO

Correlation

-0.01over 21 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	RIZO	M
Max drawdown (400d)	-28.6%	-41.1%
Risk-adjusted return (90d)	-0.05	-0.25

Relative strength over 90 days: RIZO outperformed M by 11.6% — measured on the RIZO/M ratio, so it holds regardless of market direction.

Rizo →MemeCore →