Sock vs MemeCore

MemeCore (M) is 45046.8× the size of Sock (SOCK) by market capitalisation. Over the past 30 days, M is ahead by 72.2 percentage points (SOCK -99.3% against M -27.1%). Their daily returns move barely together (correlation 0.06 across 20 shared trading days). SOCK has been the more volatile of the two, at 380% annualised against M's 108%.

Correlation: 0.06
Size ratio: 1 : 45046.8
Ahead over 30 days: M

SockSOCK

$4.218e-5

24h: -0.24%
Market cap: $42,177
Volume 24h: $68
Volatility (ann.): 380%

MemeCoreM

$0.828158

24h: -4.25%
Market cap: $1.90B
Volume 24h: $1.85M
Volatility (ann.): 108%

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

Performance

SOCKM

7 days-77.80%-19.48%M
30 days-99.32%-27.12%M

Correlation

0.06over 20 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	SOCK	M
Max drawdown (400d)	-99.3%	-41.1%
Risk-adjusted return (90d)	-0.26	-0.23

Relative strength over 90 days: M outperformed SOCK by 99.1% — measured on the SOCK/M ratio, so it holds regardless of market direction.

Sock →MemeCore →