Donkey vs MemeCore

MemeCore (M) is 14847.8× the size of Donkey (DONKEY) by market capitalisation. Over the past 30 days, DONKEY is ahead by 9.6 percentage points (DONKEY -17.6% against M -27.3%). Their daily returns move barely together (correlation 0.20 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against DONKEY's 49%.

Correlation: 0.20
Size ratio: 1 : 14847.8
Ahead over 30 days: DONKEY

DonkeyDONKEY

$0.000126

24h: +4.24%
Market cap: $124,951
Volume 24h: $5,426
Volatility (ann.): 49%

MemeCoreM

$0.808618

24h: -3.94%
Market cap: $1.86B
Volume 24h: $696,271
Volatility (ann.): 108%

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

Performance

DONKEYM

7 days-10.83%-19.79%DONKEY
30 days-17.63%-27.25%DONKEY

Correlation

0.20over 24 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	DONKEY	M
Max drawdown (400d)	-22.8%	-41.1%
Risk-adjusted return (90d)	-0.31	-0.25

Relative strength over 90 days: M outperformed DONKEY by 4.5% — measured on the DONKEY/M ratio, so it holds regardless of market direction.

Donkey →MemeCore →