Gorilla vs MemeCore

MemeCore (M) is 15093.9× the size of Gorilla (GORILLA) by market capitalisation. Over the past 30 days, GORILLA is ahead by 14.2 percentage points (GORILLA -13.0% against M -27.3%). Their daily returns move barely together (correlation 0.17 across 27 shared trading days). M has been the more volatile of the two, at 108% annualised against GORILLA's 49%.

Correlation: 0.17
Size ratio: 1 : 15093.9
Ahead over 30 days: GORILLA

GorillaGORILLA

$0.000123

24h: +3.48%
Market cap: $123,415
Volume 24h: $24,818
Volatility (ann.): 49%

MemeCoreM

$0.811942

24h: -3.98%
Market cap: $1.86B
Volume 24h: $675,352
Volatility (ann.): 108%

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

Performance

GORILLAM

7 days-7.09%-19.79%GORILLA
30 days-13.04%-27.25%GORILLA

Correlation

0.17over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1790d: 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	GORILLA	M
Max drawdown (400d)	-18.9%	-41.1%
Risk-adjusted return (90d)	-0.07	-0.25

Relative strength over 90 days: GORILLA outperformed M by 24.1% — measured on the GORILLA/M ratio, so it holds regardless of market direction.

Gorilla →MemeCore →