UFO Token vs MemeCore

MemeCore (M) is 227899.4× the size of UFO Token (UFO) by market capitalisation. Over the past 30 days, UFO is ahead by 1.7 percentage points (UFO -25.5% against M -27.3%). Their daily returns move barely together (correlation 0.14 across 20 shared trading days). Both have run at a similar volatility, around 110% annualised.

Correlation: 0.14
Size ratio: 1 : 227899.4
Ahead over 30 days: UFO

UFO TokenUFO

$8.220e-6

24h: +4.12%
Market cap: $8,213
Volume 24h: $82
Volatility (ann.): 111%

MemeCoreM

$0.815789

24h: -3.28%
Market cap: $1.87B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

UFOM

7 days-18.49%-19.79%UFO
30 days-25.51%-27.25%UFO

Correlation

0.14over 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	UFO	M
Max drawdown (400d)	-28.0%	-41.1%
Risk-adjusted return (90d)	-0.23	-0.25

Relative strength over 90 days: M outperformed UFO by 11.9% — measured on the UFO/M ratio, so it holds regardless of market direction.

UFO Token →MemeCore →