Ben the Dog vs Dog (Bitcoin)

Dog (Bitcoin) (DOG) is 1070.7× the size of Ben the Dog (BENDOG) by market capitalisation. Over the past 30 days, DOG is ahead by 6.6 percentage points (BENDOG -21.5% against DOG -14.9%). Their daily returns move barely together (correlation 0.29 across 20 shared trading days). DOG has been the more volatile of the two, at 148% annualised against BENDOG's 40%.

Correlation: 0.29
Size ratio: 1 : 1070.7
Ahead over 30 days: DOG

Ben the DogBENDOG

$7.752e-5

24h: —
Market cap: $77,512
Volume 24h: $1
Volatility (ann.): 40%

Dog (Bitcoin)DOG

$0.000830

24h: -7.43%
Market cap: $82.99M
Volume 24h: $688,865
Volatility (ann.): 148%

BENDOG 0.1%Share of the two combined market caps99.9% DOG

Performance

BENDOGDOG

7 days-5.82%-2.04%DOG
30 days-21.53%-14.89%DOG

Correlation

0.29over 20 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	BENDOG	DOG
Max drawdown (400d)	-24.7%	-45.1%
Risk-adjusted return (90d)	-0.53	0.32

Relative strength over 90 days: DOG outperformed BENDOG by 2.2% — measured on the BENDOG/DOG ratio, so it holds regardless of market direction.

Ben the Dog →Dog (Bitcoin) →