GreenHood vs Degen

Degen (DEGEN) is 48.0× the size of GreenHood (HOOD) by market capitalisation. Over the past 30 days, HOOD is ahead by 244.5 percentage points (HOOD +226.8% against DEGEN -17.8%). Their daily returns move barely together (correlation 0.05 across 22 shared trading days). HOOD has been the more volatile of the two, at 1996% annualised against DEGEN's 78%.

Correlation: 0.05
Size ratio: 1 : 48.0
Ahead over 30 days: HOOD

GreenHoodHOOD

$0.000637

24h: —
Market cap: $643,337
Volume 24h: —
Volatility (ann.): 1996%

DegenDEGEN

$0.000860

24h: +1.20%
Market cap: $30.89M
Volume 24h: $2.99M
Volatility (ann.): 78%

HOOD 2.0%Share of the two combined market caps98.0% DEGEN

Performance

HOODDEGEN

7 days-57.21%-7.09%DEGEN
30 days+226.75%-17.76%HOOD

Correlation

0.05over 22 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	HOOD	DEGEN
Max drawdown (400d)	-78.9%	-26.2%
Risk-adjusted return (90d)	0.11	-0.22

Relative strength over 90 days: HOOD outperformed DEGEN by 191.0% — measured on the HOOD/DEGEN ratio, so it holds regardless of market direction.

GreenHood →Degen →