Hachiko vs Dog (Bitcoin)

Dog (Bitcoin) (DOG) is 120.1× the size of Hachiko (HACHI) by market capitalisation. Over the past 30 days, DOG is ahead by 36.3 percentage points (HACHI -56.6% against DOG -20.4%). Their daily returns move barely in opposite directions (correlation -0.10 across 28 shared trading days). HACHI has been the more volatile of the two, at 217% annualised against DOG's 148%.

Correlation: -0.10
Size ratio: 1 : 120.1
Ahead over 30 days: DOG

HachikoHACHI

$7.280e-10

24h: +3.29%
Market cap: $701,390
Volume 24h: $13,877
Volatility (ann.): 217%

Dog (Bitcoin)DOG

$0.000842

24h: +6.15%
Market cap: $84.27M
Volume 24h: $626,868
Volatility (ann.): 148%

HACHI 0.8%Share of the two combined market caps99.2% DOG

Performance

HACHIDOG

7 days-23.64%-9.71%DOG
30 days-56.62%-20.37%DOG

Correlation

-0.10over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1090d: 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	HACHI	DOG
Max drawdown (400d)	-69.7%	-45.1%
Risk-adjusted return (90d)	-0.31	0.23

Relative strength over 90 days: DOG outperformed HACHI by 53.1% — measured on the HACHI/DOG ratio, so it holds regardless of market direction.

Hachiko →Dog (Bitcoin) →