Charles vs Dog (Bitcoin)

Dog (Bitcoin) (DOG) is 3228.6× the size of Charles (KING) by market capitalisation. Over the past 30 days, KING is ahead by 36.0 percentage points (KING +21.1% against DOG -14.9%). Their daily returns move barely in opposite directions (correlation -0.03 across 22 shared trading days). KING has been the more volatile of the two, at 263% annualised against DOG's 148%.

Correlation: -0.03
Size ratio: 1 : 3228.6
Ahead over 30 days: KING

CharlesKING

$2.562e-5

24h: —
Market cap: $25,623
Volume 24h: $3
Volatility (ann.): 263%

Dog (Bitcoin)DOG

$0.000827

24h: -6.09%
Market cap: $82.73M
Volume 24h: $569,853
Volatility (ann.): 148%

KING 0.0%Share of the two combined market caps100.0% DOG

Performance

KINGDOG

7 days-13.14%-2.04%DOG
30 days+21.07%-14.89%KING

Correlation

-0.03over 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	KING	DOG
Max drawdown (400d)	-32.3%	-45.1%
Risk-adjusted return (90d)	0.08	0.32

Relative strength over 90 days: DOG outperformed KING by 6.1% — measured on the KING/DOG ratio, so it holds regardless of market direction.

Charles →Dog (Bitcoin) →