Cat-Dog vs Dog (Bitcoin)

Dog (Bitcoin) (DOG) is 1747.6× the size of Cat-Dog (CATDOG) by market capitalisation. Over the past 30 days, CATDOG is ahead by 0.2 percentage points (CATDOG -14.7% against DOG -14.9%). Their daily returns move barely together (correlation 0.17 across 22 shared trading days). CATDOG has been the more volatile of the two, at 182% annualised against DOG's 148%.

Correlation: 0.17
Size ratio: 1 : 1747.6
Ahead over 30 days: CATDOG

Cat-DogCATDOG

$5.386e-7

24h: +3.26%
Market cap: $46,761
Volume 24h: $146
Volatility (ann.): 182%

Dog (Bitcoin)DOG

$0.000817

24h: -10.09%
Market cap: $81.72M
Volume 24h: $562,308
Volatility (ann.): 148%

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

Performance

CATDOGDOG

7 days-9.44%-2.04%DOG
30 days-14.70%-14.89%CATDOG

Correlation

0.17over 22 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	CATDOG	DOG
Max drawdown (400d)	-39.6%	-45.1%
Risk-adjusted return (90d)	-0.08	0.32

Relative strength over 90 days: CATDOG outperformed DOG by 10.1% — measured on the CATDOG/DOG ratio, so it holds regardless of market direction.

Cat-Dog →Dog (Bitcoin) →