Turtle vs MemeCore

MemeCore (M) is 17085.6× the size of Turtle (TURTLE) by market capitalisation. Over the past 30 days, TURTLE is ahead by 2.7 percentage points (TURTLE -22.6% against M -25.3%). Their daily returns move barely together (correlation 0.00 across 23 shared trading days). M has been the more volatile of the two, at 107% annualised against TURTLE's 42%.

Correlation: 0.00
Size ratio: 1 : 17085.6
Ahead over 30 days: TURTLE

TurtleTURTLE

$0.000111

24h: -12.44%
Market cap: $111,312
Volume 24h: $152
Volatility (ann.): 42%

MemeCoreM

$0.828819

24h: -0.52%
Market cap: $1.90B
Volume 24h: $2.10M
Volatility (ann.): 107%

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

Performance

TURTLEM

7 days-9.17%-20.13%TURTLE
30 days-22.62%-25.32%TURTLE

Correlation

0.00over 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	TURTLE	M
Max drawdown (400d)	-24.3%	-41.1%
Risk-adjusted return (90d)	-0.54	-0.27

Relative strength over 90 days: M outperformed TURTLE by 8.8% — measured on the TURTLE/M ratio, so it holds regardless of market direction.

Turtle →MemeCore →