Ultiverse vs MemeCore

MemeCore (M) is 56015.9× the size of Ultiverse (ULTI) by market capitalisation. Over the past 30 days, M is ahead by 44.8 percentage points (ULTI -70.1% against M -25.3%). Their daily returns move barely together (correlation 0.02 across 25 shared trading days). ULTI has been the more volatile of the two, at 1924% annualised against M's 107%.

Correlation: 0.02
Size ratio: 1 : 56015.9
Ahead over 30 days: M

UltiverseULTI

$5.230e-6

24h: —
Market cap: $34,235
Volume 24h: —
Volatility (ann.): 1924%

MemeCoreM

$0.835842

24h: -0.73%
Market cap: $1.92B
Volume 24h: $2.07M
Volatility (ann.): 107%

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

Performance

ULTIM

7 days-33.41%-20.13%M
30 days-70.08%-25.32%M

Correlation

0.02over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0290d: 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	ULTI	M
Max drawdown (400d)	-86.2%	-41.1%
Risk-adjusted return (90d)	0.00	-0.27

Relative strength over 90 days: ULTI outperformed M by 14.0% — measured on the ULTI/M ratio, so it holds regardless of market direction.

Ultiverse →MemeCore →