Gorbagana vs MemeCore

MemeCore (M) is 3437.5× the size of Gorbagana (GOR) by market capitalisation. Over the past 30 days, M is ahead by 18.9 percentage points (GOR -46.0% against M -27.1%). Their daily returns move loosely together (correlation 0.42 across 28 shared trading days). GOR has been the more volatile of the two, at 386% annualised against M's 108%.

Correlation: 0.42
Size ratio: 1 : 3437.5
Ahead over 30 days: M

GorbaganaGOR

$0.000561

24h: -1.73%
Market cap: $561,263
Volume 24h: $26,659
Volatility (ann.): 386%

MemeCoreM

$0.841024

24h: -1.68%
Market cap: $1.93B
Volume 24h: $669,082
Volatility (ann.): 108%

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

Performance

GORM

7 days-31.00%-19.48%M
30 days-46.05%-27.12%M

Correlation

0.42over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4290d: 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	GOR	M
Max drawdown (400d)	-46.3%	-41.1%
Risk-adjusted return (90d)	0.08	-0.23

Relative strength over 90 days: GOR outperformed M by 64.2% — measured on the GOR/M ratio, so it holds regardless of market direction.

Gorbagana →MemeCore →