Satozhi vs MemeCore

MemeCore (M) is 20512.5× the size of Satozhi (SATOZ) by market capitalisation. Over the past 30 days, SATOZ is ahead by 15.7 percentage points (SATOZ -11.6% against M -27.3%). Their daily returns move barely together (correlation 0.03 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against SATOZ's 36%.

Correlation: 0.03
Size ratio: 1 : 20512.5
Ahead over 30 days: SATOZ

SatozhiSATOZ

$0.005684

24h: +2.54%
Market cap: $88,742
Volume 24h: $245
Volatility (ann.): 36%

MemeCoreM

$0.793384

24h: -6.25%
Market cap: $1.82B
Volume 24h: $723,643
Volatility (ann.): 108%

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

Performance

SATOZM

7 days-5.76%-19.79%SATOZ
30 days-11.60%-27.25%SATOZ

Correlation

0.03over 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	SATOZ	M
Max drawdown (400d)	-13.8%	-41.1%
Risk-adjusted return (90d)	-0.28	-0.25

Relative strength over 90 days: SATOZ outperformed M by 2.5% — measured on the SATOZ/M ratio, so it holds regardless of market direction.

Satozhi →MemeCore →