Store of Value vs MemeCore

MemeCore (M) is 2760.6× the size of Store of Value (VAL) by market capitalisation. Over the past 30 days, M is ahead by 3.4 percentage points (VAL -30.5% against M -27.1%). Their daily returns move barely in opposite directions (correlation -0.12 across 23 shared trading days). M has been the more volatile of the two, at 108% annualised against VAL's 77%.

Correlation: -0.12
Size ratio: 1 : 2760.6
Ahead over 30 days: M

Store of ValueVAL

$0.000711

24h: +1.80%
Market cap: $699,503
Volume 24h: $645
Volatility (ann.): 77%

MemeCoreM

$0.841773

24h: -2.12%
Market cap: $1.93B
Volume 24h: $630,910
Volatility (ann.): 108%

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

Performance

VALM

7 days-10.50%-19.48%VAL
30 days-30.49%-27.12%M

Correlation

-0.12over 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	VAL	M
Max drawdown (400d)	-33.5%	-41.1%
Risk-adjusted return (90d)	-0.26	-0.23

Relative strength over 90 days: M outperformed VAL by 16.0% — measured on the VAL/M ratio, so it holds regardless of market direction.

Store of Value →MemeCore →