U.S Oil vs MemeCore

MemeCore (M) is 5036.0× the size of U.S Oil (USOR) by market capitalisation. Over the past 30 days, USOR is ahead by 1.8 percentage points (USOR -25.3% against M -27.1%). Their daily returns move barely together (correlation 0.10 across 23 shared trading days). Both have run at a similar volatility, around 103% annualised.

Correlation: 0.10
Size ratio: 1 : 5036.0
Ahead over 30 days: USOR

U.S OilUSOR

$0.000384

24h: +1.24%
Market cap: $384,203
Volume 24h: $1,289
Volatility (ann.): 97%

MemeCoreM

$0.843465

24h: -2.26%
Market cap: $1.93B
Volume 24h: $1.89M
Volatility (ann.): 108%

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

Performance

USORM

7 days-10.68%-19.48%USOR
30 days-25.32%-27.12%USOR

Correlation

0.10over 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	USOR	M
Max drawdown (400d)	-28.7%	-41.1%
Risk-adjusted return (90d)	-0.15	-0.23

Relative strength over 90 days: M outperformed USOR by 11.3% — measured on the USOR/M ratio, so it holds regardless of market direction.

U.S Oil →MemeCore →