TENGE TENGE vs MemeCore

MemeCore (M) is 82156.3× the size of TENGE TENGE (TENGE) by market capitalisation. Over the past 30 days, TENGE is ahead by 5.9 percentage points (TENGE -19.4% against M -25.3%). Their daily returns move loosely together (correlation 0.58 across 22 shared trading days). M has been the more volatile of the two, at 107% annualised against TENGE's 51%.

Correlation: 0.58
Size ratio: 1 : 82156.3
Ahead over 30 days: TENGE

TENGE TENGETENGE

$2.315e-5

24h: —
Market cap: $23,149
Volume 24h: $17
Volatility (ann.): 51%

MemeCoreM

$0.828819

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

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

Performance

TENGEM

7 days-8.76%-20.13%TENGE
30 days-19.43%-25.32%TENGE

Correlation

0.58over 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	TENGE	M
Max drawdown (400d)	-20.1%	-41.1%
Risk-adjusted return (90d)	-0.33	-0.27

Relative strength over 90 days: M outperformed TENGE by 6.7% — measured on the TENGE/M ratio, so it holds regardless of market direction.

TENGE TENGE →MemeCore →