Dogecoin (DOGE) is 704.7× the size of Tutorial (TUT) by market capitalisation. Over the past 1 year, TUT is ahead by 57.7 percentage points (TUT +2.7% against DOGE -55.1%). Their daily returns move barely together (correlation 0.24 across 399 shared trading days). TUT has been the more volatile of the two, at 255% annualised against DOGE's 70%.
TUTDOGE
0.24over 399 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 | TUT | DOGE |
|---|---|---|
| Max drawdown (400d) | -92.0% | -74.0% |
| Risk-adjusted return (90d) | -0.08 | 0.11 |
| Best 30 days (past year) | +1638.0% | +34.3% |
| Worst 30 days (past year) | -88.0% | -41.2% |
Relative strength over 90 days: DOGE outperformed TUT by 43.8% — measured on the TUT/DOGE ratio, so it holds regardless of market direction.