uPX vs MemeCore

MemeCore (M) is 2882.5× the size of uPX (UPX) by market capitalisation. Over the past 30 days, M is ahead by 25.4 percentage points (UPX -52.5% against M -27.1%). Their daily returns move barely together (correlation 0.27 across 27 shared trading days). UPX has been the more volatile of the two, at 190% annualised against M's 108%.

Correlation: 0.27
Size ratio: 1 : 2882.5
Ahead over 30 days: M

uPXUPX

$1.290e-5

24h: +3.89%
Market cap: $669,342
Volume 24h: $1,823
Volatility (ann.): 190%

MemeCoreM

$0.841033

24h: -1.84%
Market cap: $1.93B
Volume 24h: $655,824
Volatility (ann.): 108%

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

Performance

UPXM

7 days-49.05%-19.48%M
30 days-52.54%-27.12%M

Correlation

0.27over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2790d: 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	UPX	M
Max drawdown (400d)	-60.7%	-41.1%
Risk-adjusted return (90d)	-0.29	-0.23

Relative strength over 90 days: M outperformed UPX by 43.8% — measured on the UPX/M ratio, so it holds regardless of market direction.

uPX →MemeCore →