Solana Stock Index vs MemeCore

MemeCore (M) is 192990.8× the size of Solana Stock Index (SSX) by market capitalisation. Over the past 30 days, SSX is ahead by 8.3 percentage points (SSX -18.9% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.15 across 23 shared trading days). M has been the more volatile of the two, at 108% annualised against SSX's 47%.

Correlation: -0.15
Size ratio: 1 : 192990.8
Ahead over 30 days: SSX

Solana Stock IndexSSX

$9.850e-6

24h: —
Market cap: $9,668
Volume 24h: —
Volatility (ann.): 47%

MemeCoreM

$0.813253

24h: -3.35%
Market cap: $1.87B
Volume 24h: $673,011
Volatility (ann.): 108%

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

Performance

SSXM

7 days-5.36%-19.79%SSX
30 days-18.91%-27.25%SSX

Correlation

-0.15over 23 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	SSX	M
Max drawdown (400d)	-23.6%	-41.1%
Risk-adjusted return (90d)	-0.38	-0.25

Relative strength over 90 days: M outperformed SSX by 3.4% — measured on the SSX/M ratio, so it holds regardless of market direction.

Solana Stock Index →MemeCore →