Dogs (DOGS) is 63.9× the size of Povel Durev (DUREV) by market capitalisation. Over the past 1 year, DOGS is ahead by 23.0 percentage points (DUREV -52.7% against DOGS -29.6%). Their daily returns move loosely together (correlation 0.47 across 373 shared trading days). Both have run at a similar volatility, around 127% annualised.
DUREVDOGS
0.47over 373 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 | DUREV | DOGS |
|---|---|---|
| Max drawdown (400d) | -75.5% | -80.2% |
| Risk-adjusted return (90d) | -0.49 | -0.11 |
| Best 30 days (past year) | +307.9% | +210.1% |
| Worst 30 days (past year) | -53.6% | -54.4% |
Relative strength over 90 days: DOGS outperformed DUREV by 42.2% — measured on the DUREV/DOGS ratio, so it holds regardless of market direction.