Salvator Mundi vs MemeCore

MemeCore (M) is 16974.4× the size of Salvator Mundi (MUNDI) by market capitalisation. Over the past 30 days, MUNDI is ahead by 4.4 percentage points (MUNDI -22.8% against M -27.3%). Their daily returns move loosely in opposite directions (correlation -0.36 across 23 shared trading days). M has been the more volatile of the two, at 108% annualised against MUNDI's 88%.

Correlation: -0.36
Size ratio: 1 : 16974.4
Ahead over 30 days: MUNDI

Salvator MundiMUNDI

$0.000110

24h: +3.94%
Market cap: $110,271
Volume 24h: $2
Volatility (ann.): 88%

MemeCoreM

$0.815789

24h: -3.28%
Market cap: $1.87B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

MUNDIM

7 days-8.47%-19.79%MUNDI
30 days-22.80%-27.25%MUNDI

Correlation

-0.36over 23 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	MUNDI	M
Max drawdown (400d)	-25.1%	-41.1%
Risk-adjusted return (90d)	-0.28	-0.25

Relative strength over 90 days: M outperformed MUNDI by 14.8% — measured on the MUNDI/M ratio, so it holds regardless of market direction.

Salvator Mundi →MemeCore →