Wojak vs MemeCore

MemeCore (M) is 1494.8× the size of Wojak (WOJAK) by market capitalisation. Over the past 30 days, M is ahead by 1.1 percentage points (WOJAK -28.2% against M -27.1%). Their daily returns move loosely together (correlation 0.36 across 28 shared trading days). WOJAK has been the more volatile of the two, at 266% annualised against M's 108%.

Correlation: 0.36
Size ratio: 1 : 1494.8
Ahead over 30 days: M

WojakWOJAK

$0.001292

24h: +0.29%
Market cap: $1.29M
Volume 24h: $66,778
Volatility (ann.): 266%

MemeCoreM

$0.841470

24h: -1.15%
Market cap: $1.93B
Volume 24h: $515,323
Volatility (ann.): 108%

WOJAK 0.1%Share of the two combined market caps99.9% M

Performance

WOJAKM

7 days-6.74%-19.48%WOJAK
30 days-28.18%-27.12%M

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	WOJAK	M
Max drawdown (400d)	-54.6%	-41.1%
Risk-adjusted return (90d)	-0.10	-0.23

Relative strength over 90 days: M outperformed WOJAK by 7.2% — measured on the WOJAK/M ratio, so it holds regardless of market direction.

Wojak →MemeCore →