Tsotchke vs MemeCore

MemeCore (M) is 13863.8× the size of Tsotchke (TSOTCHKE) by market capitalisation. Over the past 30 days, TSOTCHKE is ahead by 12.4 percentage points (TSOTCHKE -14.9% against M -27.3%). Their daily returns move loosely together (correlation 0.40 across 27 shared trading days). TSOTCHKE has been the more volatile of the two, at 175% annualised against M's 108%.

Correlation: 0.40
Size ratio: 1 : 13863.8
Ahead over 30 days: TSOTCHKE

TsotchkeTSOTCHKE

$0.000134

24h: +5.50%
Market cap: $133,571
Volume 24h: $153
Volatility (ann.): 175%

MemeCoreM

$0.807102

24h: -4.78%
Market cap: $1.85B
Volume 24h: $1.48M
Volatility (ann.): 108%

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

Performance

TSOTCHKEM

7 days-7.27%-19.79%TSOTCHKE
30 days-14.88%-27.25%TSOTCHKE

Correlation

0.40over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4090d: 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	TSOTCHKE	M
Max drawdown (400d)	-49.6%	-41.1%
Risk-adjusted return (90d)	-0.08	-0.25

Relative strength over 90 days: TSOTCHKE outperformed M by 9.8% — measured on the TSOTCHKE/M ratio, so it holds regardless of market direction.

Tsotchke →MemeCore →