The Original Doge vs Dog (Bitcoin)

Dog (Bitcoin) (DOG) is 149.1× the size of The Original Doge (OGDOGE) by market capitalisation. Over the past 30 days, DOG is ahead by 32.2 percentage points (OGDOGE -52.6% against DOG -20.4%). Their daily returns move barely together (correlation 0.15 across 32 shared trading days). OGDOGE has been the more volatile of the two, at 259% annualised against DOG's 148%.

Correlation: 0.15
Size ratio: 1 : 149.1
Ahead over 30 days: DOG

The Original DogeOGDOGE

$0.000680

24h: -3.25%
Market cap: $594,428
Volume 24h: $32,741
Volatility (ann.): 259%

Dog (Bitcoin)DOG

$0.000886

24h: +13.98%
Market cap: $88.63M
Volume 24h: $589,817
Volatility (ann.): 148%

OGDOGE 0.7%Share of the two combined market caps99.3% DOG

Performance

OGDOGEDOG

7 days-15.10%-9.71%DOG
30 days-52.57%-20.37%DOG

Correlation

0.15over 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	OGDOGE	DOG
Max drawdown (400d)	-73.6%	-45.1%
Risk-adjusted return (90d)	-0.24	0.23

Relative strength over 90 days: DOG outperformed OGDOGE by 41.3% — measured on the OGDOGE/DOG ratio, so it holds regardless of market direction.

The Original Doge →Dog (Bitcoin) →