Shikoku Inu vs MemeCore

MemeCore (M) is 9935.7× the size of Shikoku Inu (SHIKO) by market capitalisation. Over the past 30 days, SHIKO is ahead by 14.2 percentage points (SHIKO -13.1% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.06 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against SHIKO's 36%.

Correlation: -0.06
Size ratio: 1 : 9935.7
Ahead over 30 days: SHIKO

Shikoku InuSHIKO

$1.878e-12

24h: +3.54%
Market cap: $187,795
Volume 24h: $5
Volatility (ann.): 36%

MemeCoreM

$0.813253

24h: -3.35%
Market cap: $1.87B
Volume 24h: $673,011
Volatility (ann.): 108%

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

Performance

SHIKOM

7 days-5.87%-19.79%SHIKO
30 days-13.10%-27.25%SHIKO

Correlation

-0.06over 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	SHIKO	M
Max drawdown (400d)	-15.5%	-41.1%
Risk-adjusted return (90d)	-0.30	-0.25

Relative strength over 90 days: M outperformed SHIKO by 0.1% — measured on the SHIKO/M ratio, so it holds regardless of market direction.

Shikoku Inu →MemeCore →