Wif - SecondChance vs MemeCore

MemeCore (M) is 51607.4× the size of Wif - SecondChance (WIF) by market capitalisation. Over the past 30 days, WIF is ahead by 2.1 percentage points (WIF -25.1% against M -27.3%). Their daily returns move loosely together (correlation 0.37 across 20 shared trading days). M has been the more volatile of the two, at 108% annualised against WIF's 37%.

Correlation: 0.37
Size ratio: 1 : 51607.4
Ahead over 30 days: WIF

Wif - SecondChanceWIF

$4.569e-5

24h: —
Market cap: $36,554
Volume 24h: —
Volatility (ann.): 37%

MemeCoreM

$0.822175

24h: -2.19%
Market cap: $1.89B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

WIFM

7 days-8.19%-19.79%WIF
30 days-25.11%-27.25%WIF

Correlation

0.37over 20 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	WIF	M
Max drawdown (400d)	-26.8%	-41.1%
Risk-adjusted return (90d)	-0.69	-0.25

Relative strength over 90 days: M outperformed WIF by 16.1% — measured on the WIF/M ratio, so it holds regardless of market direction.

Wif - SecondChance →MemeCore →