Satfi vs MemeCore

MemeCore (M) is 14184.4× the size of Satfi ($SATFI) by market capitalisation. Over the past 30 days, $SATFI is ahead by 19.8 percentage points ($SATFI -7.4% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.35 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against $SATFI's 35%.

Correlation: -0.35
Size ratio: 1 : 14184.4
Ahead over 30 days: $SATFI

Satfi$SATFI

$0.001313

24h: +5.41%
Market cap: $131,328
Volume 24h: $44
Volatility (ann.): 35%

MemeCoreM

$0.811942

24h: -3.98%
Market cap: $1.86B
Volume 24h: $675,352
Volatility (ann.): 108%

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

Performance

$SATFIM

7 days-0.46%-19.79%$SATFI
30 days-7.41%-27.25%$SATFI

Correlation

-0.35over 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	$SATFI	M
Max drawdown (400d)	-11.7%	-41.1%
Risk-adjusted return (90d)	-0.20	-0.25

Relative strength over 90 days: $SATFI outperformed M by 5.3% — measured on the $SATFI/M ratio, so it holds regardless of market direction.

Satfi →MemeCore →