wojak vs MemeCore

MemeCore (M) is 148.0× the size of wojak (WOJAK) by market capitalisation. Over the past 30 days, WOJAK is ahead by 3615.5 percentage points (WOJAK +3588.3% against M -27.1%). Their daily returns move closely in opposite directions (correlation -0.77 across 23 shared trading days). WOJAK has been the more volatile of the two, at 14846% annualised against M's 108%.

Correlation: -0.77
Size ratio: 1 : 148.0
Ahead over 30 days: WOJAK

wojakWOJAK

$4.303e-8

24h: +7.36%
Market cap: $13.16M
Volume 24h: $1.07M
Volatility (ann.): 14846%

MemeCoreM

$0.849259

24h: +0.56%
Market cap: $1.95B
Volume 24h: $616,156
Volatility (ann.): 108%

WOJAK 0.7%Share of the two combined market caps99.3% M

Performance

WOJAKM

7 days+4326.00%-19.48%WOJAK
30 days+3588.33%-27.12%WOJAK

Correlation

-0.77over 23 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)	-33.3%	-41.1%
Risk-adjusted return (90d)	0.24	-0.23

Relative strength over 90 days: WOJAK outperformed M by 4319.8% — measured on the WOJAK/M ratio, so it holds regardless of market direction.

wojak →MemeCore →