Space Frog X vs MemeCore

MemeCore (M) is 80641.4× the size of Space Frog X (SFX) by market capitalisation. Over the past 30 days, SFX is ahead by 62.9 percentage points (SFX +35.6% against M -27.3%). Their daily returns move loosely together (correlation 0.38 across 24 shared trading days). Both have run at a similar volatility, around 105% annualised.

Correlation: 0.38
Size ratio: 1 : 80641.4
Ahead over 30 days: SFX

Space Frog XSFX

$1.043e-7

24h: +0.95%
Market cap: $23,223
Volume 24h: $103
Volatility (ann.): 103%

MemeCoreM

$0.816270

24h: -2.99%
Market cap: $1.87B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

SFXM

7 days-6.72%-19.79%SFX
30 days+35.63%-27.25%SFX

Correlation

0.38over 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	SFX	M
Max drawdown (400d)	-14.3%	-41.1%
Risk-adjusted return (90d)	0.43	-0.25

Relative strength over 90 days: SFX outperformed M by 60.2% — measured on the SFX/M ratio, so it holds regardless of market direction.

Space Frog X →MemeCore →