The Dogestar vs Degen

Degen (DEGEN) is 137.8× the size of The Dogestar (SIRIUS) by market capitalisation. Over the past 30 days, DEGEN is ahead by 50.7 percentage points (SIRIUS -68.5% against DEGEN -17.8%). Their daily returns move barely together (correlation 0.14 across 32 shared trading days). SIRIUS has been the more volatile of the two, at 1109% annualised against DEGEN's 78%.

Correlation: 0.14
Size ratio: 1 : 137.8
Ahead over 30 days: DEGEN

The DogestarSIRIUS

$0.000225

24h: -7.28%
Market cap: $224,952
Volume 24h: $22,318
Volatility (ann.): 1109%

DegenDEGEN

$0.000863

24h: -0.47%
Market cap: $31.00M
Volume 24h: $3.05M
Volatility (ann.): 78%

SIRIUS 0.7%Share of the two combined market caps99.3% DEGEN

Performance

SIRIUSDEGEN

7 days-61.31%-7.09%DEGEN
30 days-68.48%-17.76%DEGEN

Correlation

0.14over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1590d: 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	SIRIUS	DEGEN
Max drawdown (400d)	-91.8%	-26.2%
Risk-adjusted return (90d)	0.01	-0.22

Relative strength over 90 days: SIRIUS outperformed DEGEN by 27.3% — measured on the SIRIUS/DEGEN ratio, so it holds regardless of market direction.

The Dogestar →Degen →