Dogecoin (DOGE) is 40272.0× the size of BOBER (BOBER) by market capitalisation. Over the past 1 year, DOGE is ahead by 21.2 percentage points (BOBER -76.3% against DOGE -55.1%). Their daily returns move loosely together (correlation 0.55 across 372 shared trading days). BOBER has been the more volatile of the two, at 122% annualised against DOGE's 70%.
BOBERDOGE
0.55over 372 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 | BOBER | DOGE |
|---|---|---|
| Max drawdown (400d) | -81.9% | -74.0% |
| Risk-adjusted return (90d) | -0.09 | 0.11 |
| Best 30 days (past year) | +177.4% | +34.3% |
| Worst 30 days (past year) | -66.6% | -41.2% |
Relative strength over 90 days: DOGE outperformed BOBER by 15.6% — measured on the BOBER/DOGE ratio, so it holds regardless of market direction.