MemeCore (M) is 2979.4× the size of WAR (WAR) by market capitalisation. Over the past 30 days, WAR is ahead by 86.6 percentage points (WAR +59.4% against M -27.3%). Their daily returns move barely together (correlation 0.01 across 24 shared trading days). Both have run at a similar volatility, around 104% annualised.
WARM
0.01over 24 shared trading days
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.
| Metric | WAR | M |
|---|---|---|
| Max drawdown (400d) | -11.1% | -41.1% |
| Risk-adjusted return (90d) | 0.63 | -0.25 |
Relative strength over 90 days: WAR outperformed M by 64.0% — measured on the WAR/M ratio, so it holds regardless of market direction.