GOUT vs MemeCore

MemeCore (M) is 3591.9× the size of GOUT (GOUT) by market capitalisation. Over the past 30 days, GOUT is ahead by 24.5 percentage points (GOUT -2.7% against M -27.1%). Their daily returns move barely together (correlation 0.02 across 26 shared trading days). GOUT has been the more volatile of the two, at 198% annualised against M's 108%.

Correlation: 0.02
Size ratio: 1 : 3591.9
Ahead over 30 days: GOUT

GOUTGOUT

$6.620e-6

24h: -0.16%
Market cap: $537,132
Volume 24h: $398
Volatility (ann.): 198%

MemeCoreM

$0.841024

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

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

Performance

GOUTM

7 days-31.92%-19.48%M
30 days-2.66%-27.12%GOUT

Correlation

0.02over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0290d: 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	GOUT	M
Max drawdown (400d)	-36.4%	-41.1%
Risk-adjusted return (90d)	0.10	-0.23

Relative strength over 90 days: GOUT outperformed M by 48.2% — measured on the GOUT/M ratio, so it holds regardless of market direction.

GOUT →MemeCore →