RIDES.com vs Own The Doge

Own The Doge (DOG) is 237.7× the size of RIDES.com (RIDES.COM) by market capitalisation. Over the past 30 days, DOG is ahead by 0.9 percentage points (RIDES.COM -1.5% against DOG -0.7%). Their daily returns move barely in opposite directions (correlation -0.32 across 25 shared trading days). Both have run at a similar volatility, around 50% annualised.

Correlation: -0.32
Size ratio: 1 : 237.7
Ahead over 30 days: DOG

RIDES.comRIDES.COM

$0.109754

24h: -0.36%
Market cap: $24,237
Volume 24h: $311
Volatility (ann.): 48%

Own The DogeDOG

$0.000418

24h: -4.88%
Market cap: $5.76M
Volume 24h: $17,757
Volatility (ann.): 53%

RIDES.COM 0.4%Share of the two combined market caps99.6% DOG

Performance

RIDES.COMDOG

7 days-1.91%-1.20%DOG
30 days-1.52%-0.66%DOG

Correlation

-0.32over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3290d: 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	RIDES.COM	DOG
Max drawdown (400d)	-8.3%	-13.2%
Risk-adjusted return (90d)	-0.03	-0.13

Relative strength over 90 days: DOG outperformed RIDES.COM by 0.3% — measured on the RIDES.COM/DOG ratio, so it holds regardless of market direction.

RIDES.com →Own The Doge →