GOAT Network vs MemeCore

MemeCore (M) is 1493.2× the size of GOAT Network (GOATED) by market capitalisation. Over the past 30 days, GOATED is ahead by 71.8 percentage points (GOATED +44.5% against M -27.3%). Their daily returns move barely together (correlation 0.30 across 29 shared trading days). GOATED has been the more volatile of the two, at 157% annualised against M's 108%.

Correlation: 0.30
Size ratio: 1 : 1493.2
Ahead over 30 days: GOATED

GOAT NetworkGOATED

$0.012003

24h: +0.51%
Market cap: $1.25M
Volume 24h: $679,273
Volatility (ann.): 157%

MemeCoreM

$0.814658

24h: -3.93%
Market cap: $1.87B
Volume 24h: $724,648
Volatility (ann.): 108%

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

Performance

GOATEDM

7 days+7.16%-19.79%GOATED
30 days+44.53%-27.25%GOATED

Correlation

0.30over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3090d: 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	GOATED	M
Max drawdown (400d)	-34.0%	-41.1%
Risk-adjusted return (90d)	0.30	-0.25

Relative strength over 90 days: GOATED outperformed M by 94.2% — measured on the GOATED/M ratio, so it holds regardless of market direction.

GOAT Network →MemeCore →