Never Goon vs Dog (Bitcoin)

Dog (Bitcoin) (DOG) is 1989.1× the size of Never Goon (GOON) by market capitalisation. Over the past 30 days, DOG is ahead by 22.6 percentage points (GOON -37.5% against DOG -14.9%). Their daily returns move barely together (correlation 0.31 across 21 shared trading days). DOG has been the more volatile of the two, at 148% annualised against GOON's 120%.

Correlation: 0.31
Size ratio: 1 : 1989.1
Ahead over 30 days: DOG

Never GoonGOON

$4.163e-5

24h: —
Market cap: $41,589
Volume 24h: $2
Volatility (ann.): 120%

Dog (Bitcoin)DOG

$0.000827

24h: -6.09%
Market cap: $82.73M
Volume 24h: $569,853
Volatility (ann.): 148%

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

Performance

GOONDOG

7 days-13.69%-2.04%DOG
30 days-37.46%-14.89%DOG

Correlation

0.31over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	GOON	DOG
Max drawdown (400d)	-46.7%	-45.1%
Risk-adjusted return (90d)	-0.39	0.32

Relative strength over 90 days: DOG outperformed GOON by 10.3% — measured on the GOON/DOG ratio, so it holds regardless of market direction.

Never Goon →Dog (Bitcoin) →