MemeCore (M) is 14021.9× the size of WSB Coin (WSB) by market capitalisation. Their daily returns move loosely together (correlation 0.55 across 28 shared trading days). M has been the more volatile of the two, at 108% annualised against WSB's 89%.
WSBM
0.55over 28 shared trading days
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.
| Metric | WSB | M |
|---|---|---|
| Max drawdown (400d) | -71.9% | -41.1% |
| Risk-adjusted return (90d) | -0.19 | -0.25 |
Relative strength over 90 days: WSB outperformed M by 67.1% — measured on the WSB/M ratio, so it holds regardless of market direction.