Santacoin vs MemeCore

MemeCore (M) is 68809.7× the size of Santacoin (SANTA) by market capitalisation. Over the past 30 days, M is ahead by 4.1 percentage points (SANTA -29.4% against M -25.3%). Their daily returns move barely in opposite directions (correlation -0.14 across 25 shared trading days). SANTA has been the more volatile of the two, at 202% annualised against M's 107%.

Correlation: -0.14
Size ratio: 1 : 68809.7
Ahead over 30 days: M

SantacoinSANTA

$2.745e-5

24h: -14.80%
Market cap: $27,452
Volume 24h: $883
Volatility (ann.): 202%

MemeCoreM

$0.823089

24h: -0.53%
Market cap: $1.89B
Volume 24h: $1.63M
Volatility (ann.): 107%

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

Performance

SANTAM

7 days-2.73%-20.13%SANTA
30 days-29.40%-25.32%M

Correlation

-0.14over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1490d: 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	SANTA	M
Max drawdown (400d)	-48.9%	-41.1%
Risk-adjusted return (90d)	-0.19	-0.27

Relative strength over 90 days: SANTA outperformed M by 16.3% — measured on the SANTA/M ratio, so it holds regardless of market direction.

Santacoin →MemeCore →