GDOG vs MemeCore

MemeCore (M) is 22660.9× the size of GDOG (GDOG) by market capitalisation. Over the past 30 days, GDOG is ahead by 1.9 percentage points (GDOG -25.4% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.12 across 23 shared trading days). M has been the more volatile of the two, at 108% annualised against GDOG's 66%.

Correlation: -0.12
Size ratio: 1 : 22660.9
Ahead over 30 days: GDOG

GDOGGDOG

$9.881e-7

24h: —
Market cap: $81,870
Volume 24h: —
Volatility (ann.): 66%

MemeCoreM

$0.808618

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

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

Performance

GDOGM

7 days-9.06%-19.79%GDOG
30 days-25.36%-27.25%GDOG

Correlation

-0.12over 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	GDOG	M
Max drawdown (400d)	-26.4%	-41.1%
Risk-adjusted return (90d)	-0.37	-0.25

Relative strength over 90 days: M outperformed GDOG by 2.9% — measured on the GDOG/M ratio, so it holds regardless of market direction.

GDOG →MemeCore →