Official Tesla Dog vs Dog (Bitcoin)

Dog (Bitcoin) (DOG) is 8139.9× the size of Official Tesla Dog (SPARKY) by market capitalisation. Over the past 30 days, DOG is ahead by 24.7 percentage points (SPARKY -49.5% against DOG -24.8%). Their daily returns move barely together (correlation 0.24 across 23 shared trading days). Both have run at a similar volatility, around 150% annualised.

Correlation: 0.24
Size ratio: 1 : 8139.9
Ahead over 30 days: DOG

Official Tesla DogSPARKY

$1.010e-5

24h: -4.98%
Market cap: $10,094
Volume 24h: $3
Volatility (ann.): 150%

Dog (Bitcoin)DOG

$0.000820

24h: -4.55%
Market cap: $82.16M
Volume 24h: $517,113
Volatility (ann.): 149%

SPARKY 0.0%Share of the two combined market caps100.0% DOG

Performance

SPARKYDOG

7 days-3.25%-2.80%DOG
30 days-49.53%-24.78%DOG

Correlation

0.24over 23 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	SPARKY	DOG
Max drawdown (400d)	-51.4%	-45.1%
Risk-adjusted return (90d)	-0.21	0.24

Relative strength over 90 days: DOG outperformed SPARKY by 1.7% — measured on the SPARKY/DOG ratio, so it holds regardless of market direction.

Official Tesla Dog →Dog (Bitcoin) →