Strategic Bitcoin Reserve vs Melania Meme

Melania Meme (MELANIA) is 205.0× the size of Strategic Bitcoin Reserve (SBR) by market capitalisation. Over the past 30 days, MELANIA is ahead by 38.6 percentage points (SBR -72.4% against MELANIA -33.8%). Their daily returns move barely in opposite directions (correlation -0.02 across 20 shared trading days). SBR has been the more volatile of the two, at 125498% annualised against MELANIA's 111%.

Correlation: -0.02
Size ratio: 1 : 205.0
Ahead over 30 days: MELANIA

Strategic Bitcoin ReserveSBR

$0.014892

24h: +7.79%
Market cap: $313,355
Volume 24h: $868
Volatility (ann.): 125498%

Melania MemeMELANIA

$0.064237

24h: -8.76%
Market cap: $64.24M
Volume 24h: $7.28M
Volatility (ann.): 111%

SBR 0.5%Share of the two combined market caps99.5% MELANIA

Performance

SBRMELANIA

7 days-35.38%-22.90%MELANIA
30 days-72.44%-33.84%MELANIA

Correlation

-0.02over 20 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	SBR	MELANIA
Max drawdown (400d)	-99.8%	-41.2%
Risk-adjusted return (90d)	0.00	-0.03

Relative strength over 90 days: MELANIA outperformed SBR by 24.3% — measured on the SBR/MELANIA ratio, so it holds regardless of market direction.

Strategic Bitcoin Reserve →Melania Meme →