Predictive Strength
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Predictive Strength
Memecoin Index measures the market capitalization of meme-based cryptocurrencies. The index provides insights into retail sentiment and speculative activity.
Meme coins thrive on viral narratives and community engagement, making their collective market cap a real-time gauge of retail investor risk appetite.
The Memecoin Index sources data from our classification system to identify meme coins, selects constituents based on market capitalization, liquidity, and trading volume, and calculates values using market cap-weighted formula.
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To understand a predictive factors predictive power, we create a simple long/short strategy and simulate its past performance (with daily rebalancing):
The strategy is rebalanced daily, on a continuous basis. There are 0.5% transaction costs applied on each position adjustment.
Get started by validating the historical performance of the strategy with our transparent code snippets.
Copy and paste the code snippets below into your Python environment or download the files below.