Dogecoin (DOGE) is 329762.6× the size of 小股东 (Minor Shareholder) (小股东) by market capitalisation. Their daily returns move barely together (correlation 0.27 across 32 shared trading days). DOGE has been the more volatile of the two, at 70% annualised against 小股东's 58%.
小股东DOGE
0.27over 32 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 | 小股东 | DOGE |
|---|---|---|
| Max drawdown (400d) | -20.6% | -74.0% |
| Risk-adjusted return (90d) | -0.30 | 0.17 |
| Best 30 days (past year) | — | +34.3% |
| Worst 30 days (past year) | — | -41.2% |
Relative strength over 90 days: 小股东 outperformed DOGE by 1.5% — measured on the 小股东/DOGE ratio, so it holds regardless of market direction.