Dogecoin (DOGE) is 170295.8× the size of 財務自由 (Financial Freedom) (財務自由) by market capitalisation. Their daily returns move loosely together (correlation 0.58 across 39 shared trading days). 財務自由 has been the more volatile of the two, at 109% annualised against DOGE's 70%.
$6.985e-5
財務自由DOGE
0.58over 39 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 | 財務自由 | DOGE |
|---|---|---|
| Max drawdown (400d) | -42.0% | -74.0% |
| Risk-adjusted return (90d) | -0.16 | 0.17 |
| Best 30 days (past year) | — | +34.3% |
| Worst 30 days (past year) | — | -41.2% |
Relative strength over 90 days: DOGE outperformed 財務自由 by 12.4% — measured on the 財務自由/DOGE ratio, so it holds regardless of market direction.