Dogecoin (DOGE) is 2552285.6× the size of 牛梦 (牛梦) by market capitalisation. Their daily returns move barely together (correlation 0.11 across 32 shared trading days). 牛梦 has been the more volatile of the two, at 88% annualised against DOGE's 70%.
牛梦DOGE
0.11over 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 | 牛梦 | DOGE |
|---|---|---|
| Max drawdown (400d) | -51.8% | -74.0% |
| Risk-adjusted return (90d) | -0.59 | 0.17 |
| Best 30 days (past year) | — | +34.3% |
| Worst 30 days (past year) | — | -41.2% |
Relative strength over 90 days: DOGE outperformed 牛梦 by 40.8% — measured on the 牛梦/DOGE ratio, so it holds regardless of market direction.