Suiman vs MemeCore

MemeCore (M) is 74027.4× the size of Suiman (SUIMAN) by market capitalisation. Over the past 30 days, SUIMAN is ahead by 5.8 percentage points (SUIMAN -19.6% against M -25.3%). Their daily returns move barely in opposite directions (correlation -0.05 across 21 shared trading days). M has been the more volatile of the two, at 107% annualised against SUIMAN's 80%.

Correlation: -0.05
Size ratio: 1 : 74027.4
Ahead over 30 days: SUIMAN

SuimanSUIMAN

$2.569e-5

24h: -7.22%
Market cap: $25,691
Volume 24h: $6
Volatility (ann.): 80%

MemeCoreM

$0.828819

24h: -0.52%
Market cap: $1.90B
Volume 24h: $2.10M
Volatility (ann.): 107%

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

Performance

SUIMANM

7 days-3.85%-20.13%SUIMAN
30 days-19.56%-25.32%SUIMAN

Correlation

-0.05over 21 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	SUIMAN	M
Max drawdown (400d)	-26.2%	-41.1%
Risk-adjusted return (90d)	-0.30	-0.27

Relative strength over 90 days: M outperformed SUIMAN by 6.5% — measured on the SUIMAN/M ratio, so it holds regardless of market direction.

Suiman →MemeCore →