Landwolf vs Degen

Degen (DEGEN) is 606.2× the size of Landwolf (WOLF) by market capitalisation. Their daily returns move closely together (correlation 0.69 across 38 shared trading days). WOLF has been the more volatile of the two, at 91% annualised against DEGEN's 78%.

Correlation: 0.69
Size ratio: 1 : 606.2

LandwolfWOLF

$1.139e-10

24h: +7.65%
Market cap: $47,925
Volume 24h: $37
Volatility (ann.): 91%

DegenDEGEN

$0.000809

24h: -8.86%
Market cap: $29.05M
Volume 24h: $3.90M
Volatility (ann.): 78%

WOLF 0.2%Share of the two combined market caps99.8% DEGEN

Performance

WOLFDEGEN

7 days-29.71%-5.52%DEGEN
30 days-34.90%-13.51%DEGEN
90 days-27.31%——

Correlation

0.69over 38 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7290d: 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	WOLF	DEGEN
Max drawdown (400d)	-64.7%	-26.2%
Risk-adjusted return (90d)	-0.28	-0.20

Relative strength over 90 days: DEGEN outperformed WOLF by 20.8% — measured on the WOLF/DEGEN ratio, so it holds regardless of market direction.

Landwolf →Degen →