Slimex vs MemeCore

MemeCore (M) is 163267.0× the size of Slimex (SLX) by market capitalisation. Over the past 30 days, M is ahead by 66.4 percentage points (SLX -93.6% against M -27.3%). Their daily returns move loosely together (correlation 0.46 across 27 shared trading days). SLX has been the more volatile of the two, at 269% annualised against M's 108%.

Correlation: 0.46
Size ratio: 1 : 163267.0
Ahead over 30 days: M

SlimexSLX

$4.545e-5

24h: -20.33%
Market cap: $11,363
Volume 24h: $259
Volatility (ann.): 269%

MemeCoreM

$0.808618

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

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

Performance

SLXM

7 days-47.09%-19.79%M
30 days-93.62%-27.25%M

Correlation

0.46over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4690d: 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	SLX	M
Max drawdown (400d)	-93.8%	-41.1%
Risk-adjusted return (90d)	-0.35	-0.25

Relative strength over 90 days: M outperformed SLX by 91.8% — measured on the SLX/M ratio, so it holds regardless of market direction.

Slimex →MemeCore →