Dogecoin (DOGE) is 424824.7× the size of RealGoat (RGOAT) by market capitalisation. Their daily returns move barely together (correlation 0.14 across 68 shared trading days). RGOAT has been the more volatile of the two, at 7281077% annualised against DOGE's 70%.
RGOATDOGE
0.14over 68 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 | RGOAT | DOGE |
|---|---|---|
| Max drawdown (400d) | -100.0% | -74.0% |
| Risk-adjusted return (90d) | 0.00 | 0.17 |
| Best 30 days (past year) | — | +34.3% |
| Worst 30 days (past year) | — | -41.2% |
Relative strength over 90 days: DOGE outperformed RGOAT by 20.2% — measured on the RGOAT/DOGE ratio, so it holds regardless of market direction.