Artificial Superintelligence Alliance (FET) is 41482.5× the size of sentient memes producer (MEMETIC) by market capitalisation. Their daily returns move barely together (correlation 0.00 across 25 shared trading days). MEMETIC has been the more volatile of the two, at 971% annualised against FET's 118%.
$0.148973
MEMETICFET
0.00over 25 shared trading days
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.
| Metric | MEMETIC | FET |
|---|---|---|
| Max drawdown (400d) | -69.4% | -80.0% |
| Risk-adjusted return (90d) | -0.04 | 0.18 |
| Best 30 days (past year) | — | +77.4% |
| Worst 30 days (past year) | — | -49.9% |
Relative strength over 90 days: FET outperformed MEMETIC by 18.9% — measured on the MEMETIC/FET ratio, so it holds regardless of market direction.