Dogecoin (DOGE) is 2344250.2× the size of baby grok (BABY GROK) by market capitalisation. Their daily returns move barely together (correlation 0.12 across 24 shared trading days). DOGE has been the more volatile of the two, at 70% annualised against BABY GROK's 38%.
BABY GROKDOGE
0.12over 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 | BABY GROK | DOGE |
|---|---|---|
| Max drawdown (400d) | -21.5% | -74.0% |
| Risk-adjusted return (90d) | -0.51 | 0.17 |
| Best 30 days (past year) | — | +34.3% |
| Worst 30 days (past year) | — | -41.2% |
Relative strength over 90 days: DOGE outperformed BABY GROK by 1.1% — measured on the BABY GROK/DOGE ratio, so it holds regardless of market direction.