Unicorn Fart Dust vs MemeCore

MemeCore (M) is 378.1× the size of Unicorn Fart Dust (UFD) by market capitalisation. Over the past 30 days, M is ahead by 9.1 percentage points (UFD -36.2% against M -27.1%). Their daily returns move barely together (correlation 0.33 across 32 shared trading days). UFD has been the more volatile of the two, at 162% annualised against M's 108%.

Correlation: 0.33
Size ratio: 1 : 378.1
Ahead over 30 days: M

Unicorn Fart DustUFD

$0.005107

24h: -3.29%
Market cap: $5.11M
Volume 24h: $298,520
Volatility (ann.): 162%

MemeCoreM

$0.841773

24h: -2.12%
Market cap: $1.93B
Volume 24h: $630,910
Volatility (ann.): 108%

UFD 0.3%Share of the two combined market caps99.7% M

Performance

UFDM

7 days-2.16%-19.48%UFD
30 days-36.24%-27.12%M

Correlation

0.33over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 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	UFD	M
Max drawdown (400d)	-54.9%	-41.1%
Risk-adjusted return (90d)	-0.30	-0.23

Relative strength over 90 days: M outperformed UFD by 36.0% — measured on the UFD/M ratio, so it holds regardless of market direction.

Unicorn Fart Dust →MemeCore →