UWON vs MemeCore

MemeCore (M) is 2354.9× the size of UWON (UWON) by market capitalisation. Over the past 30 days, UWON is ahead by 54.5 percentage points (UWON +27.4% against M -27.1%). Their daily returns move loosely together (correlation 0.36 across 28 shared trading days). UWON has been the more volatile of the two, at 144% annualised against M's 108%.

Correlation: 0.36
Size ratio: 1 : 2354.9
Ahead over 30 days: UWON

UWONUWON

$0.082691

24h: -1.99%
Market cap: $826,914
Volume 24h: $16
Volatility (ann.): 144%

MemeCoreM

$0.848861

24h: -1.14%
Market cap: $1.95B
Volume 24h: $1.84M
Volatility (ann.): 108%

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

Performance

UWONM

7 days-17.26%-19.48%UWON
30 days+27.39%-27.12%UWON

Correlation

0.36over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3690d: 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	UWON	M
Max drawdown (400d)	-38.7%	-41.1%
Risk-adjusted return (90d)	0.27	-0.23

Relative strength over 90 days: UWON outperformed M by 77.8% — measured on the UWON/M ratio, so it holds regardless of market direction.

UWON →MemeCore →