Smiley Coin vs MemeCore

MemeCore (M) is 5866.6× the size of Smiley Coin (SMILEY) by market capitalisation. Over the past 30 days, SMILEY is ahead by 12.1 percentage points (SMILEY -15.1% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.17 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against SMILEY's 34%.

Correlation: -0.17
Size ratio: 1 : 5866.6
Ahead over 30 days: SMILEY

Smiley CoinSMILEY

$7.722e-13

24h: +6.69%
Market cap: $324,843
Volume 24h: $9
Volatility (ann.): 34%

MemeCoreM

$0.830662

24h: -1.86%
Market cap: $1.91B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

SMILEYM

7 days-2.05%-19.79%SMILEY
30 days-15.11%-27.25%SMILEY

Correlation

-0.17over 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	SMILEY	M
Max drawdown (400d)	-19.4%	-41.1%
Risk-adjusted return (90d)	-0.43	-0.25

Relative strength over 90 days: M outperformed SMILEY by 0.3% — measured on the SMILEY/M ratio, so it holds regardless of market direction.

Smiley Coin →MemeCore →