Ryotaro vs Dog (Bitcoin)

Dog (Bitcoin) (DOG) is 1401.9× the size of Ryotaro (TARO) by market capitalisation. Over the past 30 days, TARO is ahead by 2.3 percentage points (TARO -22.5% against DOG -24.8%). Their daily returns move barely in opposite directions (correlation -0.02 across 23 shared trading days). Both have run at a similar volatility, around 147% annualised.

Correlation: -0.02
Size ratio: 1 : 1401.9
Ahead over 30 days: TARO

RyotaroTARO

$5.864e-5

24h: +5.44%
Market cap: $58,637
Volume 24h: $598
Volatility (ann.): 145%

Dog (Bitcoin)DOG

$0.000822

24h: -7.93%
Market cap: $82.20M
Volume 24h: $552,224
Volatility (ann.): 149%

TARO 0.1%Share of the two combined market caps99.9% DOG

Performance

TARODOG

7 days+1.09%-2.80%TARO
30 days-22.52%-24.78%TARO

Correlation

-0.02over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	TARO	DOG
Max drawdown (400d)	-38.0%	-45.1%
Risk-adjusted return (90d)	-0.10	0.24

Relative strength over 90 days: TARO outperformed DOG by 3.2% — measured on the TARO/DOG ratio, so it holds regardless of market direction.

Ryotaro →Dog (Bitcoin) →