Barking Puppy vs Dog (Bitcoin)

Dog (Bitcoin) (DOG) is 44.9× the size of Barking Puppy (BP) by market capitalisation. Over the past 30 days, BP is ahead by 22.8 percentage points (BP +2.4% against DOG -20.4%). Their daily returns move barely together (correlation 0.20 across 32 shared trading days). BP has been the more volatile of the two, at 229% annualised against DOG's 148%.

Correlation: 0.20
Size ratio: 1 : 44.9
Ahead over 30 days: BP

Barking PuppyBP

$0.001980

24h: +3.95%
Market cap: $1.93M
Volume 24h: $63,307
Volatility (ann.): 229%

Dog (Bitcoin)DOG

$0.000866

24h: +10.30%
Market cap: $86.62M
Volume 24h: $713,691
Volatility (ann.): 148%

BP 2.2%Share of the two combined market caps97.8% DOG

Performance

BPDOG

7 days+0.35%-9.71%BP
30 days+2.44%-20.37%BP

Correlation

0.20over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2290d: 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	BP	DOG
Max drawdown (400d)	-34.0%	-45.1%
Risk-adjusted return (90d)	-0.07	0.23

Relative strength over 90 days: BP outperformed DOG by 28.7% — measured on the BP/DOG ratio, so it holds regardless of market direction.

Barking Puppy →Dog (Bitcoin) →