Ucan fix life in1day vs MemeCore

MemeCore (M) is 6562.7× the size of Ucan fix life in1day (1) by market capitalisation. Over the past 30 days, M is ahead by 11.4 percentage points (1 -38.7% against M -27.3%). Their daily returns move barely together (correlation 0.25 across 27 shared trading days). 1 has been the more volatile of the two, at 181% annualised against M's 108%.

Correlation: 0.25
Size ratio: 1 : 6562.7
Ahead over 30 days: M

Ucan fix life in1day1

$0.000290

24h: -2.27%
Market cap: $290,025
Volume 24h: $1,324
Volatility (ann.): 181%

MemeCoreM

$0.829625

24h: -1.84%
Market cap: $1.90B
Volume 24h: $1.68M
Volatility (ann.): 108%

1 0.0%Share of the two combined market caps100.0% M

Performance

7 days-9.31%-19.79%1
30 days-38.66%-27.25%M

Correlation

0.25over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2590d: 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	1	M
Max drawdown (400d)	-55.0%	-41.1%
Risk-adjusted return (90d)	-0.17	-0.25

Relative strength over 90 days: M outperformed 1 by 11.0% — measured on the 1/M ratio, so it holds regardless of market direction.

Ucan fix life in1day →MemeCore →