RobinWifHat vs MemeCore

MemeCore (M) is 7768.6× the size of RobinWifHat (WIF) by market capitalisation. Over the past 30 days, M is ahead by 62.3 percentage points (WIF -89.5% against M -27.1%). Their daily returns move barely together (correlation 0.06 across 30 shared trading days). WIF has been the more volatile of the two, at 591% annualised against M's 108%.

Correlation: 0.06
Size ratio: 1 : 7768.6
Ahead over 30 days: M

RobinWifHatWIF

$0.000252

24h: +1.18%
Market cap: $251,730
Volume 24h: $1,919
Volatility (ann.): 591%

MemeCoreM

$0.852509

24h: +2.35%
Market cap: $1.96B
Volume 24h: $614,324
Volatility (ann.): 108%

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

Performance

WIFM

7 days+82.13%-19.48%WIF
30 days-89.46%-27.12%M

Correlation

0.06over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0690d: 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	WIF	M
Max drawdown (400d)	-97.9%	-41.1%
Risk-adjusted return (90d)	-0.16	-0.23

Relative strength over 90 days: M outperformed WIF by 93.6% — measured on the WIF/M ratio, so it holds regardless of market direction.

RobinWifHat →MemeCore →