Billy (Bitcoin) vs Dog (Bitcoin)

Dog (Bitcoin) (DOG) is 54.1× the size of Billy (Bitcoin) (BILLY) by market capitalisation. Over the past 30 days, DOG is ahead by 18.2 percentage points (BILLY -38.6% against DOG -20.4%). Their daily returns move barely together (correlation 0.31 across 31 shared trading days). BILLY has been the more volatile of the two, at 212% annualised against DOG's 148%.

Correlation: 0.31
Size ratio: 1 : 54.1
Ahead over 30 days: DOG

Billy (Bitcoin)BILLY

$0.001558

24h: +6.67%
Market cap: $1.56M
Volume 24h: $2,880
Volatility (ann.): 212%

Dog (Bitcoin)DOG

$0.000842

24h: +6.15%
Market cap: $84.27M
Volume 24h: $626,868
Volatility (ann.): 148%

BILLY 1.8%Share of the two combined market caps98.2% DOG

Performance

BILLYDOG

7 days+2.44%-9.71%BILLY
30 days-38.56%-20.37%DOG

Correlation

0.31over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3190d: 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	BILLY	DOG
Max drawdown (400d)	-50.0%	-45.1%
Risk-adjusted return (90d)	-0.21	0.23

Relative strength over 90 days: DOG outperformed BILLY by 15.8% — measured on the BILLY/DOG ratio, so it holds regardless of market direction.

Billy (Bitcoin) →Dog (Bitcoin) →