x444 vs MemeCore

MemeCore (M) is 274941.3× the size of x444 (X444) by market capitalisation. Over the past 30 days, X444 is ahead by 19.6 percentage points (X444 -7.6% against M -27.3%). Their daily returns move loosely together (correlation 0.42 across 20 shared trading days). M has been the more volatile of the two, at 108% annualised against X444's 34%.

Correlation: 0.42
Size ratio: 1 : 274941.3
Ahead over 30 days: X444

x444X444

$6.750e-6

24h: —
Market cap: $6,748
Volume 24h: $2
Volatility (ann.): 34%

MemeCoreM

$0.808618

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

X444 0.0%Share of the two combined market caps100.0% M

Performance

X444M

7 days-6.20%-19.79%X444
30 days-7.63%-27.25%X444

Correlation

0.42over 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	X444	M
Max drawdown (400d)	-10.1%	-41.1%
Risk-adjusted return (90d)	-0.22	-0.25

Relative strength over 90 days: X444 outperformed M by 4.2% — measured on the X444/M ratio, so it holds regardless of market direction.

x444 →MemeCore →