shramp vs MemeCore

MemeCore (M) is 16576.9× the size of shramp (SHRAMP) by market capitalisation. Over the past 30 days, M is ahead by 27.8 percentage points (SHRAMP -55.1% against M -27.3%). Their daily returns move barely together (correlation 0.02 across 24 shared trading days). SHRAMP has been the more volatile of the two, at 154% annualised against M's 108%.

Correlation: 0.02
Size ratio: 1 : 16576.9
Ahead over 30 days: M

shrampSHRAMP

$0.000112

24h: +6.70%
Market cap: $111,918
Volume 24h: $438
Volatility (ann.): 154%

MemeCoreM

$0.808618

24h: -3.94%
Market cap: $1.86B
Volume 24h: $696,271
Volatility (ann.): 108%

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

Performance

SHRAMPM

7 days-18.99%-19.79%SHRAMP
30 days-55.08%-27.25%M

Correlation

0.02over 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	SHRAMP	M
Max drawdown (400d)	-59.3%	-41.1%
Risk-adjusted return (90d)	-0.38	-0.25

Relative strength over 90 days: M outperformed SHRAMP by 29.9% — measured on the SHRAMP/M ratio, so it holds regardless of market direction.

shramp →MemeCore →