DORA vs MemeCore

MemeCore (M) is 1043.5× the size of DORA (DORA) by market capitalisation. Over the past 30 days, M is ahead by 49.7 percentage points (DORA -76.8% against M -27.1%). Their daily returns move barely in opposite directions (correlation -0.08 across 27 shared trading days). DORA has been the more volatile of the two, at 225% annualised against M's 108%.

Correlation: -0.08
Size ratio: 1 : 1043.5
Ahead over 30 days: M

DORADORA

$0.001827

24h: —
Market cap: $1.83M
Volume 24h: $7
Volatility (ann.): 225%

MemeCoreM

$0.830953

24h: -3.43%
Market cap: $1.91B
Volume 24h: $652,454
Volatility (ann.): 108%

DORA 0.1%Share of the two combined market caps99.9% M

Performance

DORAM

7 days-17.48%-19.48%DORA
30 days-76.83%-27.12%M

Correlation

-0.08over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0890d: 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	DORA	M
Max drawdown (400d)	-77.0%	-41.1%
Risk-adjusted return (90d)	-0.34	-0.23

Relative strength over 90 days: M outperformed DORA by 71.3% — measured on the DORA/M ratio, so it holds regardless of market direction.

DORA →MemeCore →