$GOLD vs MemeCore

MemeCore (M) is 89126.8× the size of $GOLD ($GOLD) by market capitalisation. Over the past 30 days, $GOLD is ahead by 26.5 percentage points ($GOLD -0.8% against M -27.3%). Their daily returns move barely together (correlation 0.05 across 24 shared trading days). $GOLD has been the more volatile of the two, at 138% annualised against M's 108%.

Correlation: 0.05
Size ratio: 1 : 89126.8
Ahead over 30 days: $GOLD

$GOLD$GOLD

$2.120e-13

24h: +4.12%
Market cap: $21,166
Volume 24h: $11
Volatility (ann.): 138%

MemeCoreM

$0.822175

24h: -2.19%
Market cap: $1.89B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

$GOLDM

7 days-5.56%-19.79%$GOLD
30 days-0.75%-27.25%$GOLD

Correlation

0.05over 24 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	$GOLD	M
Max drawdown (400d)	-27.4%	-41.1%
Risk-adjusted return (90d)	-0.01	-0.25

Relative strength over 90 days: M outperformed $GOLD by 0.3% — measured on the $GOLD/M ratio, so it holds regardless of market direction.

$GOLD →MemeCore →