The Dons vs MemeCore

MemeCore (M) is 13290.8× the size of The Dons (DONS) by market capitalisation. Over the past 30 days, DONS is ahead by 16.2 percentage points (DONS -11.0% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.01 across 23 shared trading days). M has been the more volatile of the two, at 108% annualised against DONS's 29%.

Correlation: -0.01
Size ratio: 1 : 13290.8
Ahead over 30 days: DONS

The DonsDONS

$1.393e-5

24h: +3.44%
Market cap: $139,330
Volume 24h: $41
Volatility (ann.): 29%

MemeCoreM

$0.807109

24h: -4.52%
Market cap: $1.85B
Volume 24h: $698,664
Volatility (ann.): 108%

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

Performance

DONSM

7 days-6.83%-19.79%DONS
30 days-11.02%-27.25%DONS

Correlation

-0.01over 23 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	DONS	M
Max drawdown (400d)	-13.9%	-41.1%
Risk-adjusted return (90d)	-0.39	-0.25

Relative strength over 90 days: M outperformed DONS by 0.2% — measured on the DONS/M ratio, so it holds regardless of market direction.

The Dons →MemeCore →