雪球 (Snowball) vs MEME HORSE

MEME HORSE (MHORSE) is 83.3× the size of 雪球 (Snowball) (雪球) by market capitalisation. Over the past 30 days, MHORSE is ahead by 29.9 percentage points (雪球 -62.7% against MHORSE -32.7%). Their daily returns move closely together (correlation 0.63 across 31 shared trading days). 雪球 has been the more volatile of the two, at 208% annualised against MHORSE's 111%.

Correlation: 0.63
Size ratio: 1 : 83.3
Ahead over 30 days: MHORSE

雪球 (Snowball)雪球

$0.002944

24h: +0.04%
Market cap: $488,947
Volume 24h: $95,876
Volatility (ann.): 208%

MEME HORSEMHORSE

$0.040721

24h: +20.84%
Market cap: $40.72M
Volume 24h: $1.22M
Volatility (ann.): 111%

雪球 1.2%Share of the two combined market caps98.8% MHORSE

Performance

雪球MHORSE

7 days-14.42%+20.86%MHORSE
30 days-62.66%-32.73%MHORSE

Correlation

0.63over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6390d: 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	雪球	MHORSE
Max drawdown (400d)	-70.6%	-44.4%
Risk-adjusted return (90d)	-0.23	-0.29

Relative strength over 90 days: MHORSE outperformed 雪球 by 21.7% — measured on the 雪球/MHORSE ratio, so it holds regardless of market direction.

雪球 (Snowball) →MEME HORSE →