USDC (USDC) is 879325.0× the size of Gochujangcoin (GOCHU) by market capitalisation. Over the past 1 year, USDC is ahead by 98.6 percentage points (GOCHU -98.5% against USDC +0.1%). Their daily returns move barely together (correlation 0.22 across 366 shared trading days). GOCHU has been the more volatile of the two, at 10116% annualised against USDC's 0%.
GOCHUUSDC
0.22over 366 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 | GOCHU | USDC |
|---|---|---|
| Max drawdown (400d) | -100.0% | -0.3% |
| Risk-adjusted return (90d) | 0.00 | 0.02 |
| Best 30 days (past year) | +240.0% | +0.2% |
| Worst 30 days (past year) | -99.7% | -0.2% |
Relative strength over 90 days: USDC outperformed GOCHU by 99.9% — measured on the GOCHU/USDC ratio, so it holds regardless of market direction.