Dash (DASH) is 9755.7× the size of DeCoin Flow (DCF) by market capitalisation. Their daily returns move barely together (correlation 0.14 across 31 shared trading days). DASH has been the more volatile of the two, at 148% annualised against DCF's 97%.
DCFDASH
0.14over 31 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 | DCF | DASH |
|---|---|---|
| Max drawdown (400d) | -39.5% | -75.5% |
| Risk-adjusted return (90d) | -0.40 | 0.48 |
| Best 30 days (past year) | — | +131.4% |
| Worst 30 days (past year) | — | -59.2% |
Relative strength over 90 days: DASH outperformed DCF by 54.3% — measured on the DCF/DASH ratio, so it holds regardless of market direction.