THAT vs MemeCore

MemeCore (M) is 520.5× the size of THAT (THAT) by market capitalisation. Over the past 30 days, THAT is ahead by 25.4 percentage points (THAT -1.7% against M -27.1%). Their daily returns move barely together (correlation 0.17 across 30 shared trading days). M has been the more volatile of the two, at 108% annualised against THAT's 56%.

Correlation: 0.17
Size ratio: 1 : 520.5
Ahead over 30 days: THAT

THATTHAT

$0.002351

24h: -2.61%
Market cap: $3.72M
Volume 24h: $12,653
Volatility (ann.): 56%

MemeCoreM

$0.844542

24h: -2.03%
Market cap: $1.94B
Volume 24h: $1.61M
Volatility (ann.): 108%

THAT 0.2%Share of the two combined market caps99.8% M

Performance

THATM

7 days+5.93%-19.48%THAT
30 days-1.73%-27.12%THAT

Correlation

0.17over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1790d: 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	THAT	M
Max drawdown (400d)	-10.8%	-41.1%
Risk-adjusted return (90d)	0.12	-0.23

Relative strength over 90 days: THAT outperformed M by 35.1% — measured on the THAT/M ratio, so it holds regardless of market direction.

THAT →MemeCore →