Swarm vs MemeCore

MemeCore (M) is 37779.4× the size of Swarm (SWRM) by market capitalisation. Over the past 30 days, M is ahead by 11.1 percentage points (SWRM -36.4% against M -25.3%). Their daily returns move barely together (correlation 0.14 across 25 shared trading days). SWRM has been the more volatile of the two, at 153% annualised against M's 107%.

Correlation: 0.14
Size ratio: 1 : 37779.4
Ahead over 30 days: M

SwarmSWRM

$0.000629

24h: -7.99%
Market cap: $50,260
Volume 24h: $596
Volatility (ann.): 153%

MemeCoreM

$0.827464

24h: +2.07%
Market cap: $1.90B
Volume 24h: $2.02M
Volatility (ann.): 107%

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

Performance

SWRMM

7 days-10.40%-20.13%SWRM
30 days-36.42%-25.32%M

Correlation

0.14over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1490d: 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	SWRM	M
Max drawdown (400d)	-51.9%	-41.1%
Risk-adjusted return (90d)	-0.27	-0.27

Relative strength over 90 days: M outperformed SWRM by 31.1% — measured on the SWRM/M ratio, so it holds regardless of market direction.

Swarm →MemeCore →