GEKKO vs MemeCore

MemeCore (M) is 41.0× the size of GEKKO (GEKKO) by market capitalisation. Over the past 30 days, GEKKO is ahead by 23.6 percentage points (GEKKO -3.5% against M -27.1%). Their daily returns move barely together (correlation 0.09 across 50 shared trading days). GEKKO has been the more volatile of the two, at 215% annualised against M's 108%.

Correlation: 0.09
Size ratio: 1 : 41.0
Ahead over 30 days: GEKKO

GEKKOGEKKO

$7.944e-7

24h: -0.93%
Market cap: $47.66M
Volume 24h: $42,626
Volatility (ann.): 215%

MemeCoreM

$0.852509

24h: +2.35%
Market cap: $1.96B
Volume 24h: $614,324
Volatility (ann.): 108%

GEKKO 2.4%Share of the two combined market caps97.6% M

Performance

GEKKOM

7 days+15.29%-19.48%GEKKO
30 days-3.54%-27.12%GEKKO

Correlation

0.09over 50 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0190d: 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	GEKKO	M
Max drawdown (400d)	-50.9%	-41.1%
Risk-adjusted return (90d)	0.15	-0.23

Relative strength over 90 days: GEKKO outperformed M by 78.6% — measured on the GEKKO/M ratio, so it holds regardless of market direction.

GEKKO →MemeCore →