SafeMoon Inu vs MemeCore

MemeCore (M) is 5788.6× the size of SafeMoon Inu (SMI) by market capitalisation. Over the past 30 days, SMI is ahead by 10.3 percentage points (SMI -17.0% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.06 across 22 shared trading days). M has been the more volatile of the two, at 108% annualised against SMI's 41%.

Correlation: -0.06
Size ratio: 1 : 5788.6
Ahead over 30 days: SMI

SafeMoon InuSMI

$3.304e-7

24h: —
Market cap: $330,399
Volume 24h: —
Volatility (ann.): 41%

MemeCoreM

$0.833652

24h: -3.29%
Market cap: $1.91B
Volume 24h: $1.95M
Volatility (ann.): 108%

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

Performance

SMIM

7 days-3.18%-19.79%SMI
30 days-17.00%-27.25%SMI

Correlation

-0.06over 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	SMI	M
Max drawdown (400d)	-20.9%	-41.1%
Risk-adjusted return (90d)	-0.41	-0.25

Relative strength over 90 days: M outperformed SMI by 3.0% — measured on the SMI/M ratio, so it holds regardless of market direction.

SafeMoon Inu →MemeCore →