Dogecoin (DOGE) is 38777.4× the size of STAN (STAN) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.04 across 31 shared trading days). STAN has been the more volatile of the two, at 37892% annualised against DOGE's 70%.
STANDOGE
-0.04over 31 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 | STAN | DOGE |
|---|---|---|
| Max drawdown (400d) | -15.7% | -74.0% |
| Risk-adjusted return (90d) | 0.25 | 0.17 |
| Best 30 days (past year) | — | +34.3% |
| Worst 30 days (past year) | — | -41.2% |
Relative strength over 90 days: STAN outperformed DOGE by 11605.3% — measured on the STAN/DOGE ratio, so it holds regardless of market direction.