SOLITO vs MemeCore

MemeCore (M) is 145628.1× the size of SOLITO (SOLITO) by market capitalisation. Over the past 30 days, SOLITO is ahead by 5.8 percentage points (SOLITO -21.5% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.06 across 23 shared trading days). M has been the more volatile of the two, at 108% annualised against SOLITO's 50%.

Correlation: -0.06
Size ratio: 1 : 145628.1
Ahead over 30 days: SOLITO

SOLITOSOLITO

$1.289e-5

24h: —
Market cap: $12,849
Volume 24h: —
Volatility (ann.): 50%

MemeCoreM

$0.815491

24h: -1.67%
Market cap: $1.87B
Volume 24h: $1.73M
Volatility (ann.): 108%

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

Performance

SOLITOM

7 days-6.24%-19.79%SOLITO
30 days-21.49%-27.25%SOLITO

Correlation

-0.06over 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	SOLITO	M
Max drawdown (400d)	-23.3%	-41.1%
Risk-adjusted return (90d)	-0.41	-0.25

Relative strength over 90 days: M outperformed SOLITO by 4.3% — measured on the SOLITO/M ratio, so it holds regardless of market direction.

SOLITO →MemeCore →