ZARO Coin vs MemeCore

MemeCore (M) is 5099.7× the size of ZARO Coin (ZARO) by market capitalisation. Over the past 30 days, ZARO is ahead by 15.7 percentage points (ZARO -11.6% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.24 across 21 shared trading days). M has been the more volatile of the two, at 108% annualised against ZARO's 40%.

Correlation: -0.24
Size ratio: 1 : 5099.7
Ahead over 30 days: ZARO

ZARO CoinZARO

$0.000375

24h: +4.87%
Market cap: $375,033
Volume 24h: $297
Volatility (ann.): 40%

MemeCoreM

$0.833652

24h: -3.29%
Market cap: $1.91B
Volume 24h: $1.95M
Volatility (ann.): 108%

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

Performance

ZAROM

7 days+3.05%-19.79%ZARO
30 days-11.56%-27.25%ZARO

Correlation

-0.24over 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	ZARO	M
Max drawdown (400d)	-19.1%	-41.1%
Risk-adjusted return (90d)	-0.29	-0.25

Relative strength over 90 days: ZARO outperformed M by 2.4% — measured on the ZARO/M ratio, so it holds regardless of market direction.

ZARO Coin →MemeCore →