Goose Token vs Degen

Degen (DEGEN) is 12.2× the size of Goose Token (GOOSE) by market capitalisation. Over the past 30 days, GOOSE is ahead by 532.5 percentage points (GOOSE +514.7% against DEGEN -17.8%). Their daily returns move barely in opposite directions (correlation -0.13 across 28 shared trading days). GOOSE has been the more volatile of the two, at 4848% annualised against DEGEN's 78%.

Correlation: -0.13
Size ratio: 1 : 12.2
Ahead over 30 days: GOOSE

Goose TokenGOOSE

$0.002584

24h: —
Market cap: $2.58M
Volume 24h: —
Volatility (ann.): 4848%

DegenDEGEN

$0.000882

24h: +2.39%
Market cap: $31.63M
Volume 24h: $3.31M
Volatility (ann.): 78%

GOOSE 7.6%Share of the two combined market caps92.4% DEGEN

Performance

GOOSEDEGEN

7 days+1363.52%-7.09%GOOSE
30 days+514.69%-17.76%GOOSE

Correlation

-0.13over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1390d: 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	GOOSE	DEGEN
Max drawdown (400d)	-90.4%	-26.2%
Risk-adjusted return (90d)	0.11	-0.22

Relative strength over 90 days: GOOSE outperformed DEGEN by 468.1% — measured on the GOOSE/DEGEN ratio, so it holds regardless of market direction.

Goose Token →Degen →