Dogecoin (DOGE) is 709923.6× the size of Asterion (ASTERION) by market capitalisation. Their daily returns move loosely together (correlation 0.57 across 139 shared trading days). ASTERION has been the more volatile of the two, at 105% annualised against DOGE's 70%.
ASTERIONDOGE
0.57over 139 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 | ASTERION | DOGE |
|---|---|---|
| Max drawdown (400d) | -67.5% | -74.0% |
| Risk-adjusted return (90d) | -0.27 | 0.17 |
| Best 30 days (past year) | — | +34.3% |
| Worst 30 days (past year) | — | -41.2% |
Relative strength over 90 days: ASTERION outperformed DOGE by 35.0% — measured on the ASTERION/DOGE ratio, so it holds regardless of market direction.