Solarcoin vs DOVU

DOVU (DOVU) is 13.6× the size of Solarcoin (SLR) by market capitalisation. Over the past 30 days, SLR is ahead by 18.4 percentage points (SLR -45.6% against DOVU -64.0%). Their daily returns move barely together (correlation 0.25 across 34 shared trading days). DOVU has been the more volatile of the two, at 189% annualised against SLR's 84%.

Correlation: 0.25
Size ratio: 1 : 13.6
Ahead over 30 days: SLR

SolarcoinSLR

$4.012e-5

24h: +0.41%
Market cap: $716,314
Volume 24h: $215
Volatility (ann.): 84%

DOVUDOVU

$0.000973

24h: -2.65%
Market cap: $9.73M
Volume 24h: $28,394
Volatility (ann.): 189%

SLR 6.9%Share of the two combined market caps93.1% DOVU

Performance

SLRDOVU

7 days+0.40%-61.20%SLR
30 days-45.57%-64.01%SLR

Correlation

0.25over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2790d: 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	SLR	DOVU
Max drawdown (400d)	-48.0%	-69.2%
Risk-adjusted return (90d)	-0.50	-0.37

Relative strength over 90 days: SLR outperformed DOVU by 71.7% — measured on the SLR/DOVU ratio, so it holds regardless of market direction.

Solarcoin →DOVU →