The Balkan Dwarf vs MemeCore

MemeCore (M) is 4189.2× the size of The Balkan Dwarf ($KEKEC) by market capitalisation. Over the past 30 days, M is ahead by 2.6 percentage points ($KEKEC -29.7% against M -27.1%). Their daily returns move barely together (correlation 0.01 across 23 shared trading days). M has been the more volatile of the two, at 108% annualised against $KEKEC's 65%.

Correlation: 0.01
Size ratio: 1 : 4189.2
Ahead over 30 days: M

The Balkan Dwarf$KEKEC

$1.176e-5

24h: -0.27%
Market cap: $459,468
Volume 24h: $176
Volatility (ann.): 65%

MemeCoreM

$0.839018

24h: -2.43%
Market cap: $1.92B
Volume 24h: $685,654
Volatility (ann.): 108%

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

Performance

$KEKECM

7 days-11.58%-19.48%$KEKEC
30 days-29.72%-27.12%M

Correlation

0.01over 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	$KEKEC	M
Max drawdown (400d)	-33.8%	-41.1%
Risk-adjusted return (90d)	-0.51	-0.23

Relative strength over 90 days: M outperformed $KEKEC by 18.4% — measured on the $KEKEC/M ratio, so it holds regardless of market direction.

The Balkan Dwarf →MemeCore →