SPARTA vs MemeCore

MemeCore (M) is 5615.0× the size of SPARTA (SPARTA) by market capitalisation. Over the past 30 days, M is ahead by 30.2 percentage points (SPARTA -57.3% against M -27.1%). Their daily returns move barely together (correlation 0.19 across 26 shared trading days). SPARTA has been the more volatile of the two, at 225% annualised against M's 108%.

Correlation: 0.19
Size ratio: 1 : 5615.0
Ahead over 30 days: M

SPARTASPARTA

$0.002570

24h: +4.30%
Market cap: $343,609
Volume 24h: $66
Volatility (ann.): 225%

MemeCoreM

$0.841024

24h: -1.68%
Market cap: $1.93B
Volume 24h: $669,082
Volatility (ann.): 108%

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

Performance

SPARTAM

7 days-57.57%-19.48%M
30 days-57.32%-27.12%M

Correlation

0.19over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1990d: 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	SPARTA	M
Max drawdown (400d)	-67.8%	-41.1%
Risk-adjusted return (90d)	-0.27	-0.23

Relative strength over 90 days: M outperformed SPARTA by 48.0% — measured on the SPARTA/M ratio, so it holds regardless of market direction.

SPARTA →MemeCore →