Tron Bull Coin vs MemeCore

MemeCore (M) is 7193.9× the size of Tron Bull Coin (TBULL) by market capitalisation. Over the past 30 days, TBULL is ahead by 21.1 percentage points (TBULL -6.1% against M -27.3%). Their daily returns move barely together (correlation 0.03 across 20 shared trading days). M has been the more volatile of the two, at 108% annualised against TBULL's 28%.

Correlation: 0.03
Size ratio: 1 : 7193.9
Ahead over 30 days: TBULL

Tron Bull CoinTBULL

$0.000266

24h: +0.61%
Market cap: $265,739
Volume 24h: $19
Volatility (ann.): 28%

MemeCoreM

$0.833245

24h: -2.02%
Market cap: $1.91B
Volume 24h: $713,205
Volatility (ann.): 108%

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

Performance

TBULLM

7 days-1.85%-19.79%TBULL
30 days-6.14%-27.25%TBULL

Correlation

0.03over 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	TBULL	M
Max drawdown (400d)	-9.4%	-41.1%
Risk-adjusted return (90d)	-0.22	-0.25

Relative strength over 90 days: TBULL outperformed M by 6.6% — measured on the TBULL/M ratio, so it holds regardless of market direction.

Tron Bull Coin →MemeCore →