Wild Goat Coin [OLD] vs MemeCore

MemeCore (M) is 39745.5× the size of Wild Goat Coin [OLD] (WGC) by market capitalisation. Over the past 30 days, WGC is ahead by 0.1 percentage points (WGC -27.2% against M -27.3%). Their daily returns move barely in opposite directions (correlation -0.24 across 24 shared trading days). M has been the more volatile of the two, at 108% annualised against WGC's 59%.

Correlation: -0.24
Size ratio: 1 : 39745.5
Ahead over 30 days: WGC

Wild Goat Coin [OLD]WGC

$1.163e-5

24h: —
Market cap: $46,505
Volume 24h: —
Volatility (ann.): 59%

MemeCoreM

$0.805602

24h: -5.29%
Market cap: $1.85B
Volume 24h: $1.47M
Volatility (ann.): 108%

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

Performance

WGCM

7 days-15.77%-19.79%WGC
30 days-27.16%-27.25%WGC

Correlation

-0.24over 24 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	WGC	M
Max drawdown (400d)	-29.1%	-41.1%
Risk-adjusted return (90d)	-0.45	-0.25

Relative strength over 90 days: M outperformed WGC by 14.3% — measured on the WGC/M ratio, so it holds regardless of market direction.

Wild Goat Coin [OLD] →MemeCore →