Robin Hood vs Degen

Degen (DEGEN) is 181.2× the size of Robin Hood (FOX) by market capitalisation. Over the past 30 days, DEGEN is ahead by 61.7 percentage points (FOX -79.4% against DEGEN -17.8%). Their daily returns move barely together (correlation 0.24 across 34 shared trading days). FOX has been the more volatile of the two, at 385% annualised against DEGEN's 78%.

Correlation: 0.24
Size ratio: 1 : 181.2
Ahead over 30 days: DEGEN

Robin HoodFOX

$0.000172

24h: -3.93%
Market cap: $171,990
Volume 24h: $616
Volatility (ann.): 385%

DegenDEGEN

$0.000868

24h: +0.69%
Market cap: $31.16M
Volume 24h: $3.18M
Volatility (ann.): 78%

FOX 0.5%Share of the two combined market caps99.5% DEGEN

Performance

FOXDEGEN

7 days-22.91%-7.09%DEGEN
30 days-79.44%-17.76%DEGEN

Correlation

0.24over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2290d: 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	FOX	DEGEN
Max drawdown (400d)	-92.7%	-26.2%
Risk-adjusted return (90d)	-0.24	-0.22

Relative strength over 90 days: DEGEN outperformed FOX by 90.0% — measured on the FOX/DEGEN ratio, so it holds regardless of market direction.

Robin Hood →Degen →