Dog In Sock vs Dog (Bitcoin)

Dog (Bitcoin) (DOG) is 2093.2× the size of Dog In Sock (PUP) by market capitalisation. Over the past 30 days, DOG is ahead by 27.6 percentage points (PUP -42.5% against DOG -14.9%). Their daily returns move loosely together (correlation 0.39 across 22 shared trading days). DOG has been the more volatile of the two, at 148% annualised against PUP's 94%.

Correlation: 0.39
Size ratio: 1 : 2093.2
Ahead over 30 days: DOG

Dog In SockPUP

$3.965e-5

24h: +5.85%
Market cap: $39,650
Volume 24h: $2,074
Volatility (ann.): 94%

Dog (Bitcoin)DOG

$0.000830

24h: -7.43%
Market cap: $82.99M
Volume 24h: $688,865
Volatility (ann.): 148%

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

Performance

PUPDOG

7 days-11.98%-2.04%DOG
30 days-42.53%-14.89%DOG

Correlation

0.39over 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	PUP	DOG
Max drawdown (400d)	-47.4%	-45.1%
Risk-adjusted return (90d)	-0.48	0.32

Relative strength over 90 days: DOG outperformed PUP by 15.9% — measured on the PUP/DOG ratio, so it holds regardless of market direction.

Dog In Sock →Dog (Bitcoin) →