Dogecoin (DOGE) is 19733.0× the size of 吉祥马 (吉祥马) by market capitalisation. Their daily returns move barely together (correlation 0.09 across 36 shared trading days). 吉祥马 has been the more volatile of the two, at 300% annualised against DOGE's 70%.
吉祥马DOGE
0.09over 36 shared trading days
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.
| Metric | 吉祥马 | DOGE |
|---|---|---|
| Max drawdown (400d) | -26.9% | -74.0% |
| Risk-adjusted return (90d) | 0.24 | 0.17 |
| Best 30 days (past year) | — | +34.3% |
| Worst 30 days (past year) | — | -41.2% |
Relative strength over 90 days: 吉祥马 outperformed DOGE by 112.2% — measured on the 吉祥马/DOGE ratio, so it holds regardless of market direction.