Strategic Bitcoin Reserve vs Melania Meme

Melania Meme (MELANIA) is 860.0× the size of Strategic Bitcoin Reserve (SBR) by market capitalisation. Over the past 30 days, SBR is ahead by 21.1 percentage points (SBR -12.8% against MELANIA -33.8%). Their daily returns move barely in opposite directions (correlation -0.05 across 22 shared trading days). MELANIA has been the more volatile of the two, at 111% annualised against SBR's 75%.

Correlation: -0.05
Size ratio: 1 : 860.0
Ahead over 30 days: SBR

Strategic Bitcoin ReserveSBR

$7.231e-5

24h: +8.16%
Market cap: $72,286
Volume 24h: $73
Volatility (ann.): 75%

Melania MemeMELANIA

$0.062166

24h: -12.02%
Market cap: $62.17M
Volume 24h: $7.53M
Volatility (ann.): 111%

SBR 0.1%Share of the two combined market caps99.9% MELANIA

Performance

SBRMELANIA

7 days-2.95%-22.90%SBR
30 days-12.76%-33.84%SBR

Correlation

-0.05over 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	SBR	MELANIA
Max drawdown (400d)	-30.4%	-41.2%
Risk-adjusted return (90d)	-0.29	-0.03

Relative strength over 90 days: SBR outperformed MELANIA by 34.7% — measured on the SBR/MELANIA ratio, so it holds regardless of market direction.

Strategic Bitcoin Reserve →Melania Meme →