Schrodinger's Coin vs MemeCore

MemeCore (M) is 23107.6× the size of Schrodinger's Coin (MAYBE) by market capitalisation. Over the past 30 days, MAYBE is ahead by 18.4 percentage points (MAYBE -8.8% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.11 across 20 shared trading days). M has been the more volatile of the two, at 108% annualised against MAYBE's 69%.

Correlation: -0.11
Size ratio: 1 : 23107.6
Ahead over 30 days: MAYBE

Schrodinger's CoinMAYBE

$9.615e-5

24h: —
Market cap: $80,927
Volume 24h: —
Volatility (ann.): 69%

MemeCoreM

$0.814658

24h: -3.93%
Market cap: $1.87B
Volume 24h: $724,648
Volatility (ann.): 108%

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

Performance

MAYBEM

7 days-10.19%-19.79%MAYBE
30 days-8.84%-27.25%MAYBE

Correlation

-0.11over 20 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	MAYBE	M
Max drawdown (400d)	-23.2%	-41.1%
Risk-adjusted return (90d)	-0.13	-0.25

Relative strength over 90 days: M outperformed MAYBE by 10.6% — measured on the MAYBE/M ratio, so it holds regardless of market direction.

Schrodinger's Coin →MemeCore →