microduck vs Degen

Degen (DEGEN) is 6.2× the size of microduck (MICRODUCK) by market capitalisation. Over the past 30 days, DEGEN is ahead by 61.0 percentage points (MICRODUCK -78.8% against DEGEN -17.8%). Their daily returns move barely in opposite directions (correlation -0.14 across 28 shared trading days). MICRODUCK has been the more volatile of the two, at 641% annualised against DEGEN's 78%.

Correlation: -0.14
Size ratio: 1 : 6.2
Ahead over 30 days: DEGEN

microduckMICRODUCK

$0.005507

24h: -5.15%
Market cap: $5.06M
Volume 24h: $1.23M
Volatility (ann.): 641%

DegenDEGEN

$0.000868

24h: +0.69%
Market cap: $31.16M
Volume 24h: $3.18M
Volatility (ann.): 78%

MICRODUCK 14.0%Share of the two combined market caps86.0% DEGEN

Performance

MICRODUCKDEGEN

7 days-29.49%-7.09%DEGEN
30 days-78.81%-17.76%DEGEN

Correlation

-0.14over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1490d: 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	MICRODUCK	DEGEN
Max drawdown (400d)	-91.4%	-26.2%
Risk-adjusted return (90d)	-0.12	-0.22

Relative strength over 90 days: DEGEN outperformed MICRODUCK by 80.4% — measured on the MICRODUCK/DEGEN ratio, so it holds regardless of market direction.

microduck →Degen →