TCC vs MemeCore

MemeCore (M) is 28005.0× the size of TCC (TCC) by market capitalisation. Over the past 30 days, TCC is ahead by 16.4 percentage points (TCC -10.9% against M -27.3%). Their daily returns move barely together (correlation 0.13 across 23 shared trading days). M has been the more volatile of the two, at 108% annualised against TCC's 43%.

Correlation: 0.13
Size ratio: 1 : 28005.0
Ahead over 30 days: TCC

TCCTCC

$6.625e-5

24h: -0.59%
Market cap: $66,247
Volume 24h: $12
Volatility (ann.): 43%

MemeCoreM

$0.808618

24h: -3.94%
Market cap: $1.86B
Volume 24h: $696,271
Volatility (ann.): 108%

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

Performance

TCCM

7 days-3.14%-19.79%TCC
30 days-10.89%-27.25%TCC

Correlation

0.13over 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	TCC	M
Max drawdown (400d)	-17.2%	-41.1%
Risk-adjusted return (90d)	-0.29	-0.25

Relative strength over 90 days: M outperformed TCC by 2.1% — measured on the TCC/M ratio, so it holds regardless of market direction.

TCC →MemeCore →