Dobermann vs cat in a dogs world

cat in a dogs world (MEW) is 44.1× the size of Dobermann (DOBERMANN) by market capitalisation. Over the past 30 days, DOBERMANN is ahead by 22.6 percentage points (DOBERMANN +17.6% against MEW -4.9%). Their daily returns move loosely together (correlation 0.41 across 34 shared trading days). DOBERMANN has been the more volatile of the two, at 228% annualised against MEW's 99%.

Correlation: 0.41
Size ratio: 1 : 44.1
Ahead over 30 days: DOBERMANN

DobermannDOBERMANN

$0.000757

24h: -1.76%
Market cap: $755,240
Volume 24h: $444
Volatility (ann.): 228%

cat in a dogs worldMEW

$0.000375

24h: -3.15%
Market cap: $33.32M
Volume 24h: $3.61M
Volatility (ann.): 99%

DOBERMANN 2.2%Share of the two combined market caps97.8% MEW

Performance

DOBERMANNMEW

7 days+8.06%-11.24%DOBERMANN
30 days+17.64%-4.93%DOBERMANN

Correlation

0.41over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4090d: 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	DOBERMANN	MEW
Max drawdown (400d)	-36.9%	-24.8%
Risk-adjusted return (90d)	0.10	-0.09

Relative strength over 90 days: DOBERMANN outperformed MEW by 31.1% — measured on the DOBERMANN/MEW ratio, so it holds regardless of market direction.

Dobermann →cat in a dogs world →