Sports Brackets vs MemeCore

MemeCore (M) is 6643.6× the size of Sports Brackets (BRACKETS) by market capitalisation. Over the past 30 days, BRACKETS is ahead by 21.6 percentage points (BRACKETS -5.7% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.18 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against BRACKETS's 61%.

Correlation: -0.18
Size ratio: 1 : 6643.6
Ahead over 30 days: BRACKETS

Sports BracketsBRACKETS

$0.000287

24h: +5.20%
Market cap: $286,006
Volume 24h: $1,777
Volatility (ann.): 61%

MemeCoreM

$0.828184

24h: -3.32%
Market cap: $1.90B
Volume 24h: $1.63M
Volatility (ann.): 108%

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

Performance

BRACKETSM

7 days-0.95%-19.79%BRACKETS
30 days-5.67%-27.25%BRACKETS

Correlation

-0.18over 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	BRACKETS	M
Max drawdown (400d)	-10.5%	-41.1%
Risk-adjusted return (90d)	-0.05	-0.25

Relative strength over 90 days: BRACKETS outperformed M by 9.8% — measured on the BRACKETS/M ratio, so it holds regardless of market direction.

Sports Brackets →MemeCore →