Dogecoin (DOGE) is 350147.5× the size of 你们的胆子真是肥嘟嘟的 (肥嘟嘟) by market capitalisation. Their daily returns move barely together (correlation 0.35 across 35 shared trading days). 肥嘟嘟 has been the more volatile of the two, at 150% annualised against DOGE's 70%.
肥嘟嘟DOGE
0.35over 35 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 | 肥嘟嘟 | DOGE |
|---|---|---|
| Max drawdown (400d) | -57.1% | -74.0% |
| Risk-adjusted return (90d) | -0.38 | 0.17 |
| Best 30 days (past year) | — | +34.3% |
| Worst 30 days (past year) | — | -41.2% |
Relative strength over 90 days: DOGE outperformed 肥嘟嘟 by 47.5% — measured on the 肥嘟嘟/DOGE ratio, so it holds regardless of market direction.