GARRI vs Degen

Degen (DEGEN) is 6933.2× the size of GARRI ($GARRI) by market capitalisation. Over the past 30 days, DEGEN is ahead by 26.5 percentage points ($GARRI -61.6% against DEGEN -35.1%). Their daily returns move barely in opposite directions (correlation -0.30 across 24 shared trading days). $GARRI has been the more volatile of the two, at 275% annualised against DEGEN's 91%.

Correlation: -0.30
Size ratio: 1 : 6933.2
Ahead over 30 days: DEGEN

GARRI$GARRI

$3.700e-6

24h: -9.68%
Market cap: $3,696
Volume 24h: $4
Volatility (ann.): 275%

DegenDEGEN

$0.000715

24h: -1.75%
Market cap: $25.63M
Volume 24h: $3.76M
Volatility (ann.): 91%

$GARRI 0.0%Share of the two combined market caps100.0% DEGEN

Performance

$GARRIDEGEN

7 days-15.94%-12.42%DEGEN
30 days-61.63%-35.10%DEGEN

Correlation

-0.30over 24 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	$GARRI	DEGEN
Max drawdown (400d)	-73.2%	-38.0%
Risk-adjusted return (90d)	-0.16	-0.35

Relative strength over 90 days: DEGEN outperformed $GARRI by 48.1% — measured on the $GARRI/DEGEN ratio, so it holds regardless of market direction.

GARRI →Degen →