Dogecoin (DOGE) is 1606094.9× the size of 币安时代 (Binance Era) (币安时代) by market capitalisation. Their daily returns move barely together (correlation 0.24 across 31 shared trading days). Both have run at a similar volatility, around 72% annualised.
币安时代DOGE
0.24over 31 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 | 币安时代 | DOGE |
|---|---|---|
| Max drawdown (400d) | -30.9% | -74.0% |
| Risk-adjusted return (90d) | -0.42 | 0.17 |
| Best 30 days (past year) | — | +34.3% |
| Worst 30 days (past year) | — | -41.2% |
Relative strength over 90 days: DOGE outperformed 币安时代 by 15.4% — measured on the 币安时代/DOGE ratio, so it holds regardless of market direction.