Seal the Night Rider vs MemeCore

MemeCore (M) is 162184.3× the size of Seal the Night Rider (RIDER) by market capitalisation. Over the past 30 days, RIDER is ahead by 8.5 percentage points (RIDER -18.8% against M -27.3%). Their daily returns move barely together (correlation 0.13 across 21 shared trading days). M has been the more volatile of the two, at 108% annualised against RIDER's 44%.

Correlation: 0.13
Size ratio: 1 : 162184.3
Ahead over 30 days: RIDER

Seal the Night RiderRIDER

$1.140e-5

24h: +2.87%
Market cap: $11,397
Volume 24h: $19
Volatility (ann.): 44%

MemeCoreM

$0.805602

24h: -5.29%
Market cap: $1.85B
Volume 24h: $1.47M
Volatility (ann.): 108%

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

Performance

RIDERM

7 days-12.15%-19.79%RIDER
30 days-18.79%-27.25%RIDER

Correlation

0.13over 21 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	RIDER	M
Max drawdown (400d)	-20.9%	-41.1%
Risk-adjusted return (90d)	-0.42	-0.25

Relative strength over 90 days: M outperformed RIDER by 8.7% — measured on the RIDER/M ratio, so it holds regardless of market direction.

Seal the Night Rider →MemeCore →