Shoggoth vs MemeCore

MemeCore (M) is 2684.9× the size of Shoggoth (SHOGGOTH) by market capitalisation. Over the past 30 days, M is ahead by 72.3 percentage points (SHOGGOTH -99.5% against M -27.1%). Their daily returns move barely in opposite directions (correlation -0.10 across 27 shared trading days). SHOGGOTH has been the more volatile of the two, at 58055% annualised against M's 108%.

Correlation: -0.10
Size ratio: 1 : 2684.9
Ahead over 30 days: M

ShoggothSHOGGOTH

$0.000719

24h: +3.80%
Market cap: $719,122
Volume 24h: $15,524
Volatility (ann.): 58055%

MemeCoreM

$0.841697

24h: -2.58%
Market cap: $1.93B
Volume 24h: $632,723
Volatility (ann.): 108%

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

Performance

SHOGGOTHM

7 days-99.54%-19.48%M
30 days-99.47%-27.12%M

Correlation

-0.10over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1090d: 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	SHOGGOTH	M
Max drawdown (400d)	-99.6%	-41.1%
Risk-adjusted return (90d)	0.00	-0.23

Relative strength over 90 days: M outperformed SHOGGOTH by 99.3% — measured on the SHOGGOTH/M ratio, so it holds regardless of market direction.

Shoggoth →MemeCore →