Shiryo vs MemeCore

MemeCore (M) is 24208.2× the size of Shiryo (SHIRYO-INU) by market capitalisation. Over the past 30 days, SHIRYO-INU is ahead by 13.6 percentage points (SHIRYO-INU -13.7% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.32 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against SHIRYO-INU's 47%.

Correlation: -0.32
Size ratio: 1 : 24208.2
Ahead over 30 days: SHIRYO-INU

ShiryoSHIRYO-INU

$7.888e-14

24h: —
Market cap: $77,320
Volume 24h: —
Volatility (ann.): 47%

MemeCoreM

$0.815789

24h: -3.28%
Market cap: $1.87B
Volume 24h: $1.68M
Volatility (ann.): 108%

SHIRYO-INU 0.0%Share of the two combined market caps100.0% M

Performance

SHIRYO-INUM

7 days-2.54%-19.79%SHIRYO-INU
30 days-13.65%-27.25%SHIRYO-INU

Correlation

-0.32over 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	SHIRYO-INU	M
Max drawdown (400d)	-16.6%	-41.1%
Risk-adjusted return (90d)	-0.31	-0.25

Relative strength over 90 days: SHIRYO-INU outperformed M by 3.3% — measured on the SHIRYO-INU/M ratio, so it holds regardless of market direction.

Shiryo →MemeCore →