RNA vs MemeCore

MemeCore (M) is 32206.6× the size of RNA (RNA) by market capitalisation. Over the past 30 days, RNA is ahead by 3.9 percentage points (RNA -23.4% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.29 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against RNA's 50%.

Correlation: -0.29
Size ratio: 1 : 32206.6
Ahead over 30 days: RNA

RNARNA

$1.367e-12

24h: +4.12%
Market cap: $57,391
Volume 24h: $76
Volatility (ann.): 50%

MemeCoreM

$0.805602

24h: -5.29%
Market cap: $1.85B
Volume 24h: $1.47M
Volatility (ann.): 108%

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

Performance

RNAM

7 days-4.77%-19.79%RNA
30 days-23.36%-27.25%RNA

Correlation

-0.29over 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	RNA	M
Max drawdown (400d)	-29.4%	-41.1%
Risk-adjusted return (90d)	-0.45	-0.25

Relative strength over 90 days: M outperformed RNA by 5.1% — measured on the RNA/M ratio, so it holds regardless of market direction.

RNA →MemeCore →