GreatestOfAVAXTrenches vs MemeCore

MemeCore (M) is 64187.1× the size of GreatestOfAVAXTrenches (GOAT) by market capitalisation. Over the past 30 days, GOAT is ahead by 93.0 percentage points (GOAT +65.7% against M -27.3%). Their daily returns move barely together (correlation 0.21 across 21 shared trading days). GOAT has been the more volatile of the two, at 285% annualised against M's 108%.

Correlation: 0.21
Size ratio: 1 : 64187.1
Ahead over 30 days: GOAT

GreatestOfAVAXTrenchesGOAT

$2.940e-6

24h: —
Market cap: $29,390
Volume 24h: —
Volatility (ann.): 285%

MemeCoreM

$0.822175

24h: -2.19%
Market cap: $1.89B
Volume 24h: $1.68M
Volatility (ann.): 108%

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

Performance

GOATM

7 days-2.18%-19.79%GOAT
30 days+65.74%-27.25%GOAT

Correlation

0.21over 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	GOAT	M
Max drawdown (400d)	-28.0%	-41.1%
Risk-adjusted return (90d)	0.23	-0.25

Relative strength over 90 days: GOAT outperformed M by 64.5% — measured on the GOAT/M ratio, so it holds regardless of market direction.

GreatestOfAVAXTrenches →MemeCore →