XDOG vs MemeCore

MemeCore (M) is 914.4× the size of XDOG (XDOG) by market capitalisation. Over the past 30 days, XDOG is ahead by 21.6 percentage points (XDOG -5.5% against M -27.1%). Their daily returns move barely together (correlation 0.01 across 22 shared trading days). XDOG has been the more volatile of the two, at 258% annualised against M's 108%.

Correlation: 0.01
Size ratio: 1 : 914.4
Ahead over 30 days: XDOG

XDOGXDOG

$0.002139

24h: -9.64%
Market cap: $2.14M
Volume 24h: $534,662
Volatility (ann.): 258%

MemeCoreM

$0.852459

24h: +2.40%
Market cap: $1.96B
Volume 24h: $609,361
Volatility (ann.): 108%

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

Performance

XDOGM

7 days-26.50%-19.48%M
30 days-5.48%-27.12%XDOG

Correlation

0.01over 22 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	XDOG	M
Max drawdown (400d)	-42.7%	-41.1%
Risk-adjusted return (90d)	-0.02	-0.23

Relative strength over 90 days: M outperformed XDOG by 11.9% — measured on the XDOG/M ratio, so it holds regardless of market direction.

XDOG →MemeCore →