the face of sarcasm vs MemeCore

MemeCore (M) is 162562.2× the size of the face of sarcasm (KAPPA) by market capitalisation. Over the past 30 days, KAPPA is ahead by 2.0 percentage points (KAPPA -25.2% against M -27.3%). Their daily returns move barely together (correlation 0.09 across 20 shared trading days). M has been the more volatile of the two, at 108% annualised against KAPPA's 59%.

Correlation: 0.09
Size ratio: 1 : 162562.2
Ahead over 30 days: KAPPA

the face of sarcasmKAPPA

$1.730e-5

24h: —
Market cap: $11,571
Volume 24h: $21
Volatility (ann.): 59%

MemeCoreM

$0.819829

24h: -0.78%
Market cap: $1.88B
Volume 24h: $1.69M
Volatility (ann.): 108%

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

Performance

KAPPAM

7 days-13.50%-19.79%KAPPA
30 days-25.22%-27.25%KAPPA

Correlation

0.09over 20 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	KAPPA	M
Max drawdown (400d)	-26.8%	-41.1%
Risk-adjusted return (90d)	-0.43	-0.25

Relative strength over 90 days: M outperformed KAPPA by 13.5% — measured on the KAPPA/M ratio, so it holds regardless of market direction.

the face of sarcasm →MemeCore →