Dogecoin (DOGE) is 133933.6× the size of 翻身币税助力凉兮翻身 (翻身币) by market capitalisation. Their daily returns move loosely in opposite directions (correlation -0.36 across 35 shared trading days). 翻身币 has been the more volatile of the two, at 402% annualised against DOGE's 70%.
翻身币DOGE
-0.36over 35 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 | 翻身币 | DOGE |
|---|---|---|
| Max drawdown (400d) | -53.5% | -74.0% |
| Risk-adjusted return (90d) | 0.08 | 0.17 |
| Best 30 days (past year) | — | +34.3% |
| Worst 30 days (past year) | — | -41.2% |
Relative strength over 90 days: 翻身币 outperformed DOGE by 62.3% — measured on the 翻身币/DOGE ratio, so it holds regardless of market direction.