GRUG vs MemeCore

MemeCore (M) is 190281.5× the size of GRUG (GRUG) by market capitalisation. Over the past 30 days, GRUG is ahead by 37.6 percentage points (GRUG +10.4% against M -27.3%). Their daily returns move barely together (correlation 0.24 across 21 shared trading days). M has been the more volatile of the two, at 108% annualised against GRUG's 58%.

Correlation: 0.24
Size ratio: 1 : 190281.5
Ahead over 30 days: GRUG

GRUGGRUG

$9.990e-6

24h: +0.88%
Market cap: $9,986
Volume 24h: $49
Volatility (ann.): 58%

MemeCoreM

$0.828184

24h: -3.32%
Market cap: $1.90B
Volume 24h: $1.63M
Volatility (ann.): 108%

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

Performance

GRUGM

7 days+0.98%-19.79%GRUG
30 days+10.39%-27.25%GRUG

Correlation

0.24over 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	GRUG	M
Max drawdown (400d)	-7.3%	-41.1%
Risk-adjusted return (90d)	0.18	-0.25

Relative strength over 90 days: GRUG outperformed M by 13.6% — measured on the GRUG/M ratio, so it holds regardless of market direction.

GRUG →MemeCore →