The Stonks Exchange vs Degen

Degen (DEGEN) is 11.3× the size of The Stonks Exchange (STONKEX) by market capitalisation. Over the past 30 days, DEGEN is ahead by 49.4 percentage points (STONKEX -67.2% against DEGEN -17.8%). Their daily returns move loosely together (correlation 0.39 across 30 shared trading days). STONKEX has been the more volatile of the two, at 473% annualised against DEGEN's 78%.

Correlation: 0.39
Size ratio: 1 : 11.3
Ahead over 30 days: DEGEN

The Stonks ExchangeSTONKEX

$0.002752

24h: -10.44%
Market cap: $2.75M
Volume 24h: $795,231
Volatility (ann.): 473%

DegenDEGEN

$0.000865

24h: +2.33%
Market cap: $31.05M
Volume 24h: $3.02M
Volatility (ann.): 78%

STONKEX 8.1%Share of the two combined market caps91.9% DEGEN

Performance

STONKEXDEGEN

7 days-7.59%-7.09%DEGEN
30 days-67.19%-17.76%DEGEN

Correlation

0.39over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: 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	STONKEX	DEGEN
Max drawdown (400d)	-88.6%	-26.2%
Risk-adjusted return (90d)	-0.19	-0.22

Relative strength over 90 days: DEGEN outperformed STONKEX by 85.3% — measured on the STONKEX/DEGEN ratio, so it holds regardless of market direction.

The Stonks Exchange →Degen →