GPSTARTER vs MemeCore

MemeCore (M) is 6220.0× the size of GPSTARTER (GPST) by market capitalisation. Over the past 30 days, M is ahead by 21.1 percentage points (GPST -48.3% against M -27.1%). Their daily returns move barely together (correlation 0.03 across 21 shared trading days). Both have run at a similar volatility, around 110% annualised.

Correlation: 0.03
Size ratio: 1 : 6220.0
Ahead over 30 days: M

GPSTARTERGPST

$0.031041

24h: -0.57%
Market cap: $310,412
Volume 24h: $89
Volatility (ann.): 112%

MemeCoreM

$0.841697

24h: -2.58%
Market cap: $1.93B
Volume 24h: $632,723
Volatility (ann.): 108%

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

Performance

GPSTM

7 days-32.36%-19.48%M
30 days-48.25%-27.12%M

Correlation

0.03over 21 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	GPST	M
Max drawdown (400d)	-48.3%	-41.1%
Risk-adjusted return (90d)	-0.43	-0.23

Relative strength over 90 days: M outperformed GPST by 39.6% — measured on the GPST/M ratio, so it holds regardless of market direction.

GPSTARTER →MemeCore →