Triceps vs MemeCore

MemeCore (M) is 270343.6× the size of Triceps (TRIX) by market capitalisation. Over the past 30 days, TRIX is ahead by 116.8 percentage points (TRIX +89.5% against M -27.3%). Their daily returns move barely together (correlation 0.05 across 24 shared trading days). Both have run at a similar volatility, around 113% annualised.

Correlation: 0.05
Size ratio: 1 : 270343.6
Ahead over 30 days: TRIX

TricepsTRIX

$6.863e-8

24h: —
Market cap: $6,863
Volume 24h: $43
Volatility (ann.): 118%

MemeCoreM

$0.808618

24h: -3.94%
Market cap: $1.86B
Volume 24h: $696,271
Volatility (ann.): 108%

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

Performance

TRIXM

7 days-3.10%-19.79%TRIX
30 days+89.53%-27.25%TRIX

Correlation

0.05over 24 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	TRIX	M
Max drawdown (400d)	-10.8%	-41.1%
Risk-adjusted return (90d)	0.76	-0.25

Relative strength over 90 days: TRIX outperformed M by 72.3% — measured on the TRIX/M ratio, so it holds regardless of market direction.

Triceps →MemeCore →