Dog (Bitcoin) (DOG) is 643.9× the size of Bonk Level Saviour (SAVIOUR) by market capitalisation. Their daily returns move barely together (correlation 0.31 across 30 shared trading days). DOG has been the more volatile of the two, at 148% annualised against SAVIOUR's 87%.
SAVIOURDOG
0.31over 30 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 | SAVIOUR | DOG |
|---|---|---|
| Max drawdown (400d) | -55.7% | -45.1% |
| Risk-adjusted return (90d) | 0.05 | 0.32 |
Relative strength over 90 days: DOG outperformed SAVIOUR by 14.8% — measured on the SAVIOUR/DOG ratio, so it holds regardless of market direction.