Wojak vs MemeCore

MemeCore (M) is 12034.1× the size of Wojak (WOJAK) by market capitalisation. Over the past 30 days, M is ahead by 2.6 percentage points (WOJAK -29.8% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.15 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against WOJAK's 67%.

Correlation: -0.15
Size ratio: 1 : 12034.1
Ahead over 30 days: M

WojakWOJAK

$0.000172

24h: +3.00%
Market cap: $154,166
Volume 24h: $993
Volatility (ann.): 67%

MemeCoreM

$0.808618

24h: -3.94%
Market cap: $1.86B
Volume 24h: $696,271
Volatility (ann.): 108%

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

Performance

WOJAKM

7 days-5.45%-19.79%WOJAK
30 days-29.80%-27.25%M

Correlation

-0.15over 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	WOJAK	M
Max drawdown (400d)	-33.7%	-41.1%
Risk-adjusted return (90d)	-0.43	-0.25

Relative strength over 90 days: M outperformed WOJAK by 12.0% — measured on the WOJAK/M ratio, so it holds regardless of market direction.

Wojak →MemeCore →