World's Tiniest Penguin vs MemeCore

MemeCore (M) is 410908.7× the size of World's Tiniest Penguin (HENRY) by market capitalisation. Over the past 30 days, HENRY is ahead by 8.8 percentage points (HENRY -18.5% against M -27.3%). Their daily returns move barely together (correlation 0.15 across 20 shared trading days). M has been the more volatile of the two, at 108% annualised against HENRY's 57%.

Correlation: 0.15
Size ratio: 1 : 410908.7
Ahead over 30 days: HENRY

World's Tiniest PenguinHENRY

$4.580e-6

24h: —
Market cap: $4,541
Volume 24h: —
Volatility (ann.): 57%

MemeCoreM

$0.813253

24h: -3.35%
Market cap: $1.87B
Volume 24h: $673,011
Volatility (ann.): 108%

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

Performance

HENRYM

7 days-5.71%-19.79%HENRY
30 days-18.46%-27.25%HENRY

Correlation

0.15over 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	HENRY	M
Max drawdown (400d)	-23.1%	-41.1%
Risk-adjusted return (90d)	-0.33	-0.25

Relative strength over 90 days: M outperformed HENRY by 2.4% — measured on the HENRY/M ratio, so it holds regardless of market direction.

World's Tiniest Penguin →MemeCore →