SpaceMoon vs MemeCore

MemeCore (M) is 66044.9× the size of SpaceMoon (SPACEMOON) by market capitalisation. Over the past 30 days, SPACEMOON is ahead by 31.8 percentage points (SPACEMOON +4.5% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.13 across 24 shared trading days). SPACEMOON has been the more volatile of the two, at 202% annualised against M's 108%.

Correlation: -0.13
Size ratio: 1 : 66044.9
Ahead over 30 days: SPACEMOON

SpaceMoonSPACEMOON

$2.886e-5

24h: +5.49%
Market cap: $28,855
Volume 24h: $265
Volatility (ann.): 202%

MemeCoreM

$0.830662

24h: -1.86%
Market cap: $1.91B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

SPACEMOONM

7 days+0.21%-19.79%SPACEMOON
30 days+4.52%-27.25%SPACEMOON

Correlation

-0.13over 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	SPACEMOON	M
Max drawdown (400d)	-28.8%	-41.1%
Risk-adjusted return (90d)	0.06	-0.25

Relative strength over 90 days: SPACEMOON outperformed M by 26.7% — measured on the SPACEMOON/M ratio, so it holds regardless of market direction.

SpaceMoon →MemeCore →