Bonk (BONK) is 4020.1× the size of Baby DOWGE (BABY DOWGE) by market capitalisation. Their daily returns move loosely together (correlation 0.36 across 35 shared trading days). BABY DOWGE has been the more volatile of the two, at 351% annualised against BONK's 100%.
BABY DOWGEBONK
0.36over 35 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 | BABY DOWGE | BONK |
|---|---|---|
| Max drawdown (400d) | -53.9% | -89.7% |
| Risk-adjusted return (90d) | 0.13 | 0.09 |
| Best 30 days (past year) | — | +37.0% |
| Worst 30 days (past year) | — | -51.0% |
Relative strength over 90 days: BABY DOWGE outperformed BONK by 81.7% — measured on the BABY DOWGE/BONK ratio, so it holds regardless of market direction.