Dogecoin (DOGE) is 24286.2× the size of Dickbutt (DICKBUTT) by market capitalisation. Their daily returns move barely together (correlation 0.03 across 24 shared trading days). DICKBUTT has been the more volatile of the two, at 769% annualised against DOGE's 70%.
DICKBUTTDOGE
0.03over 24 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 | DICKBUTT | DOGE |
|---|---|---|
| Max drawdown (400d) | -63.0% | -74.0% |
| Risk-adjusted return (90d) | 0.18 | 0.17 |
| Best 30 days (past year) | — | +34.3% |
| Worst 30 days (past year) | — | -41.2% |
Relative strength over 90 days: DICKBUTT outperformed DOGE by 197.0% — measured on the DICKBUTT/DOGE ratio, so it holds regardless of market direction.