Gone vs MemeCore

MemeCore (M) is 112719.9× the size of Gone (GONE) by market capitalisation. Over the past 30 days, GONE is ahead by 32.3 percentage points (GONE +5.1% against M -27.3%). Their daily returns move loosely in opposite directions (correlation -0.35 across 24 shared trading days). Both have run at a similar volatility, around 108% annualised.

Correlation: -0.35
Size ratio: 1 : 112719.9
Ahead over 30 days: GONE

GoneGONE

$2.391e-7

24h: +5.59%
Market cap: $16,600
Volume 24h: $40
Volatility (ann.): 108%

MemeCoreM

$0.815514

24h: -3.26%
Market cap: $1.87B
Volume 24h: $1.65M
Volatility (ann.): 108%

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

Performance

GONEM

7 days+3.15%-19.79%GONE
30 days+5.05%-27.25%GONE

Correlation

-0.35over 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	GONE	M
Max drawdown (400d)	-25.3%	-41.1%
Risk-adjusted return (90d)	-0.14	-0.25

Relative strength over 90 days: M outperformed GONE by 1.6% — measured on the GONE/M ratio, so it holds regardless of market direction.

Gone →MemeCore →