Illusion of Life vs Dog (Bitcoin)

Dog (Bitcoin) (DOG) is 1087.8× the size of Illusion of Life (SPARK) by market capitalisation. Over the past 30 days, DOG is ahead by 18.3 percentage points (SPARK -33.2% against DOG -14.9%). Their daily returns move loosely together (correlation 0.45 across 29 shared trading days). DOG has been the more volatile of the two, at 148% annualised against SPARK's 113%.

Correlation: 0.45
Size ratio: 1 : 1087.8
Ahead over 30 days: DOG

Illusion of LifeSPARK

$7.795e-5

24h: +4.04%
Market cap: $77,907
Volume 24h: $25,198
Volatility (ann.): 113%

Dog (Bitcoin)DOG

$0.000848

24h: -2.71%
Market cap: $84.75M
Volume 24h: $694,170
Volatility (ann.): 148%

SPARK 0.1%Share of the two combined market caps99.9% DOG

Performance

SPARKDOG

7 days-11.84%-2.04%DOG
30 days-33.21%-14.89%DOG

Correlation

0.45over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4590d: 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	SPARK	DOG
Max drawdown (400d)	-45.7%	-45.1%
Risk-adjusted return (90d)	-0.37	0.32

Relative strength over 90 days: DOG outperformed SPARK by 22.6% — measured on the SPARK/DOG ratio, so it holds regardless of market direction.

Illusion of Life →Dog (Bitcoin) →