smolecoin vs MemeCore

MemeCore (M) is 221.6× the size of smolecoin (SMOLE) by market capitalisation. Over the past 30 days, SMOLE is ahead by 20.3 percentage points (SMOLE -6.9% against M -27.3%). Their daily returns move loosely together (correlation 0.44 across 33 shared trading days). M has been the more volatile of the two, at 108% annualised against SMOLE's 81%.

Correlation: 0.44
Size ratio: 1 : 221.6
Ahead over 30 days: SMOLE

smolecoinSMOLE

$1.990e-5

24h: +4.77%
Market cap: $8.36M
Volume 24h: $65
Volatility (ann.): 81%

MemeCoreM

$0.807102

24h: -4.78%
Market cap: $1.85B
Volume 24h: $1.48M
Volatility (ann.): 108%

SMOLE 0.4%Share of the two combined market caps99.6% M

Performance

SMOLEM

7 days-5.53%-19.79%SMOLE
30 days-6.92%-27.25%SMOLE

Correlation

0.44over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4590d: 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	SMOLE	M
Max drawdown (400d)	-26.2%	-41.1%
Risk-adjusted return (90d)	-0.12	-0.25

Relative strength over 90 days: SMOLE outperformed M by 17.9% — measured on the SMOLE/M ratio, so it holds regardless of market direction.

smolecoin →MemeCore →