PunkStrategy vs Own The Doge

PunkStrategy (PNKSTR) is 1.2× the size of Own The Doge (DOG) by market capitalisation. Over the past 30 days, PNKSTR is ahead by 25.3 percentage points (PNKSTR +23.8% against DOG -1.5%). Their daily returns move barely together (correlation 0.28 across 41 shared trading days). PNKSTR has been the more volatile of the two, at 216% annualised against DOG's 51%.

Correlation: 0.28
Size ratio: 1.2×
Ahead over 30 days: PNKSTR

PunkStrategyPNKSTR

$0.008415

24h: -3.46%
Market cap: $7.18M
Volume 24h: $23,744
Volatility (ann.): 216%

Own The DogeDOG

$0.000420

24h: +0.18%
Market cap: $5.78M
Volume 24h: $2,961
Volatility (ann.): 51%

PNKSTR 55.4%Share of the two combined market caps44.6% DOG

Performance

PNKSTRDOG

7 days-9.74%-1.03%DOG
30 days+23.83%-1.46%PNKSTR

Correlation

0.28over 41 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3090d: 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	PNKSTR	DOG
Max drawdown (400d)	-53.5%	-13.2%
Risk-adjusted return (90d)	0.06	-0.13

Relative strength over 90 days: PNKSTR outperformed DOG by 21.0% — measured on the PNKSTR/DOG ratio, so it holds regardless of market direction.

PunkStrategy →Own The Doge →