FLOKI (FLOKI) is 24.0× the size of Decentrawood (DEOD) by market capitalisation. Over the past 1 year, DEOD is ahead by 159.4 percentage points (DEOD +96.6% against FLOKI -62.8%). Their daily returns move barely in opposite directions (correlation -0.03 across 373 shared trading days). DEOD has been the more volatile of the two, at 176% annualised against FLOKI's 89%.
DEODFLOKI
-0.03over 373 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 | DEOD | FLOKI |
|---|---|---|
| Max drawdown (400d) | -75.7% | -80.7% |
| Risk-adjusted return (90d) | 0.05 | 0.10 |
| Best 30 days (past year) | +203.8% | +35.0% |
| Worst 30 days (past year) | -60.0% | -50.0% |
Relative strength over 90 days: DEOD outperformed FLOKI by 9.8% — measured on the DEOD/FLOKI ratio, so it holds regardless of market direction.