Teddy Bear vs MemeCore

MemeCore (M) is 45634.4× the size of Teddy Bear (TEDDY) by market capitalisation. Over the past 30 days, M is ahead by 19.2 percentage points (TEDDY -46.5% against M -27.3%). Their daily returns move barely together (correlation 0.20 across 22 shared trading days). TEDDY has been the more volatile of the two, at 197% annualised against M's 108%.

Correlation: 0.20
Size ratio: 1 : 45634.4
Ahead over 30 days: M

Teddy BearTEDDY

$4.058e-5

24h: —
Market cap: $40,579
Volume 24h: $6
Volatility (ann.): 197%

MemeCoreM

$0.807102

24h: -4.78%
Market cap: $1.85B
Volume 24h: $1.48M
Volatility (ann.): 108%

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

Performance

TEDDYM

7 days+8.20%-19.79%TEDDY
30 days-46.46%-27.25%M

Correlation

0.20over 22 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	TEDDY	M
Max drawdown (400d)	-54.6%	-41.1%
Risk-adjusted return (90d)	-0.24	-0.25

Relative strength over 90 days: M outperformed TEDDY by 40.3% — measured on the TEDDY/M ratio, so it holds regardless of market direction.

Teddy Bear →MemeCore →