TIWICAT vs MemeCore

MemeCore (M) is 6249.6× the size of TIWICAT (TWC) by market capitalisation. Over the past 30 days, M is ahead by 4.7 percentage points (TWC -31.9% against M -27.1%). Their daily returns move barely in opposite directions (correlation -0.14 across 23 shared trading days). M has been the more volatile of the two, at 108% annualised against TWC's 67%.

Correlation: -0.14
Size ratio: 1 : 6249.6
Ahead over 30 days: M

TIWICATTWC

$3.451e-10

24h: -11.62%
Market cap: $312,058
Volume 24h: $2,303
Volatility (ann.): 67%

MemeCoreM

$0.850179

24h: -0.28%
Market cap: $1.95B
Volume 24h: $1.79M
Volatility (ann.): 108%

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

Performance

TWCM

7 days-10.75%-19.48%TWC
30 days-31.86%-27.12%M

Correlation

-0.14over 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	TWC	M
Max drawdown (400d)	-34.0%	-41.1%
Risk-adjusted return (90d)	-0.43	-0.23

Relative strength over 90 days: M outperformed TWC by 15.6% — measured on the TWC/M ratio, so it holds regardless of market direction.

TIWICAT →MemeCore →