ZetaChain vs MemeCore

MemeCore (M) is 30.7× the size of ZetaChain (ZETA) by market capitalisation. Over the past 30 days, ZETA is ahead by 28.2 percentage points (ZETA +0.9% against M -27.3%). Their daily returns move barely together (correlation 0.32 across 53 shared trading days). ZETA has been the more volatile of the two, at 175% annualised against M's 108%.

Correlation: 0.32
Size ratio: 1 : 30.7
Ahead over 30 days: ZETA

ZetaChainZETA

$0.036963

24h: +4.75%
Market cap: $63.00M
Volume 24h: $3.92M
Volatility (ann.): 175%

MemeCoreM

$0.841987

24h: -2.23%
Market cap: $1.93B
Volume 24h: $1.96M
Volatility (ann.): 108%

ZETA 3.2%Share of the two combined market caps96.8% M

Performance

ZETAM

7 days-7.61%-19.79%ZETA
30 days+0.91%-27.25%ZETA

Correlation

0.32over 53 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3690d: 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	ZETA	M
Max drawdown (400d)	-36.6%	-41.1%
Risk-adjusted return (90d)	0.17	-0.25

Relative strength over 90 days: ZETA outperformed M by 90.9% — measured on the ZETA/M ratio, so it holds regardless of market direction.

ZetaChain →MemeCore →