Golden Goose vs Degen

Degen (DEGEN) is 141.8× the size of Golden Goose (GG) by market capitalisation. Over the past 30 days, DEGEN is ahead by 79.3 percentage points (GG -97.0% against DEGEN -17.8%). Their daily returns move barely together (correlation 0.17 across 26 shared trading days). GG has been the more volatile of the two, at 584% annualised against DEGEN's 78%.

Correlation: 0.17
Size ratio: 1 : 141.8
Ahead over 30 days: DEGEN

Golden GooseGG

$0.000224

24h: +1.82%
Market cap: $223,951
Volume 24h: $634
Volatility (ann.): 584%

DegenDEGEN

$0.000885

24h: +2.59%
Market cap: $31.76M
Volume 24h: $3.40M
Volatility (ann.): 78%

GG 0.7%Share of the two combined market caps99.3% DEGEN

Performance

GGDEGEN

7 days-59.15%-7.09%DEGEN
30 days-97.04%-17.76%DEGEN

Correlation

0.17over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1790d: 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	GG	DEGEN
Max drawdown (400d)	-97.3%	-26.2%
Risk-adjusted return (90d)	-0.17	-0.22

Relative strength over 90 days: DEGEN outperformed GG by 96.2% — measured on the GG/DEGEN ratio, so it holds regardless of market direction.

Golden Goose →Degen →