Dogecoin (DOGE) is 923622.6× the size of 赵长娥 (赵长娥) by market capitalisation. Their daily returns move barely together (correlation 0.29 across 24 shared trading days). DOGE has been the more volatile of the two, at 70% annualised against 赵长娥's 40%.
赵长娥DOGE
0.29over 24 shared trading days
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.
| Metric | 赵长娥 | DOGE |
|---|---|---|
| Max drawdown (400d) | -21.2% | -74.0% |
| Risk-adjusted return (90d) | -0.52 | 0.17 |
| Best 30 days (past year) | — | +34.3% |
| Worst 30 days (past year) | — | -41.2% |
Relative strength over 90 days: DOGE outperformed 赵长娥 by 3.5% — measured on the 赵长娥/DOGE ratio, so it holds regardless of market direction.