妖蝶 (Yao Die) vs MEME HORSE

MEME HORSE (MHORSE) is 3582.8× the size of 妖蝶 (Yao Die) (妖蝶) by market capitalisation. Over the past 30 days, MHORSE is ahead by 53.3 percentage points (妖蝶 -86.0% against MHORSE -32.7%). Their daily returns move barely in opposite directions (correlation -0.09 across 21 shared trading days). 妖蝶 has been the more volatile of the two, at 398% annualised against MHORSE's 110%.

Correlation: -0.09
Size ratio: 1 : 3582.8
Ahead over 30 days: MHORSE

妖蝶 (Yao Die)妖蝶

$2.686e-5

24h: +2.96%
Market cap: $11,369
Volume 24h: $10
Volatility (ann.): 398%

MEME HORSEMHORSE

$0.040732

24h: +0.06%
Market cap: $40.73M
Volume 24h: $1.43M
Volatility (ann.): 110%

妖蝶 0.0%Share of the two combined market caps100.0% MHORSE

Performance

妖蝶MHORSE

7 days-14.22%+20.84%MHORSE
30 days-85.98%-32.70%MHORSE

Correlation

-0.09over 21 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	妖蝶	MHORSE
Max drawdown (400d)	-99.6%	-44.4%
Risk-adjusted return (90d)	-0.25	-0.30

Relative strength over 90 days: MHORSE outperformed 妖蝶 by 22.2% — measured on the 妖蝶/MHORSE ratio, so it holds regardless of market direction.

妖蝶 (Yao Die) →MEME HORSE →