Warrior Coin vs MemeCore

MemeCore (M) is 18255.8× the size of Warrior Coin (WAR) by market capitalisation. Over the past 30 days, WAR is ahead by 15.4 percentage points (WAR -11.8% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.31 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against WAR's 22%.

Correlation: -0.31
Size ratio: 1 : 18255.8
Ahead over 30 days: WAR

Warrior CoinWAR

$7.247e-7

24h: +1.78%
Market cap: $101,436
Volume 24h: $693
Volatility (ann.): 22%

MemeCoreM

$0.807102

24h: -4.78%
Market cap: $1.85B
Volume 24h: $1.48M
Volatility (ann.): 108%

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

Performance

WARM

7 days-3.16%-19.79%WAR
30 days-11.83%-27.25%WAR

Correlation

-0.31over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	WAR	M
Max drawdown (400d)	-14.0%	-41.1%
Risk-adjusted return (90d)	-0.50	-0.25

Relative strength over 90 days: WAR outperformed M by 1.5% — measured on the WAR/M ratio, so it holds regardless of market direction.

Warrior Coin →MemeCore →