Dogecoin (DOGE) is 207612.0× the size of ghffb47yii2rteeyy10op (GHFFB47YII2RTEEYY10OP) by market capitalisation. Their daily returns move loosely together (correlation 0.55 across 184 shared trading days). GHFFB47YII2RTEEYY10OP has been the more volatile of the two, at 82% annualised against DOGE's 70%.
$5.463e-7
GHFFB47YII2RTEEYY10OPDOGE
0.55over 184 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 | GHFFB47YII2RTEEYY10OP | DOGE |
|---|---|---|
| Max drawdown (400d) | -63.8% | -74.0% |
| Risk-adjusted return (90d) | -0.12 | 0.17 |
| Best 30 days (past year) | — | +34.3% |
| Worst 30 days (past year) | — | -41.2% |
Relative strength over 90 days: GHFFB47YII2RTEEYY10OP outperformed DOGE by 32.3% — measured on the GHFFB47YII2RTEEYY10OP/DOGE ratio, so it holds regardless of market direction.