Groks Dog vs Dogelon Mars

Dogelon Mars (ELON) is 48.4× the size of Groks Dog (BOLT) by market capitalisation. Over the past 30 days, ELON is ahead by 37.6 percentage points (BOLT -51.7% against ELON -14.1%). Their daily returns move barely in opposite directions (correlation -0.05 across 35 shared trading days). BOLT has been the more volatile of the two, at 156% annualised against ELON's 116%.

Correlation: -0.05
Size ratio: 1 : 48.4
Ahead over 30 days: ELON

Groks DogBOLT

$0.000542

24h: +3.37%
Market cap: $542,256
Volume 24h: $1,917
Volatility (ann.): 156%

Dogelon MarsELON

$2.625e-8

24h: +2.50%
Market cap: $26.25M
Volume 24h: $3.15M
Volatility (ann.): 116%

BOLT 2.0%Share of the two combined market caps98.0% ELON

Performance

BOLTELON

7 days-18.80%-3.93%ELON
30 days-51.73%-14.09%ELON

Correlation

-0.05over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0590d: 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	BOLT	ELON
Max drawdown (400d)	-57.0%	-36.8%
Risk-adjusted return (90d)	-0.36	-0.12

Relative strength over 90 days: ELON outperformed BOLT by 48.3% — measured on the BOLT/ELON ratio, so it holds regardless of market direction.

Groks Dog →Dogelon Mars →