Dogecoin (DOGE) is 76974.2× the size of 何必东奔西走 币安全部都有 (Why bother looking elsewhere? Binance has it all) (币有) by market capitalisation. Their daily returns move barely together (correlation 0.24 across 34 shared trading days). 币有 has been the more volatile of the two, at 451% annualised against DOGE's 70%.
$0.000156
币有DOGE
0.24over 34 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 | 币有 | DOGE |
|---|---|---|
| Max drawdown (400d) | -96.8% | -74.0% |
| Risk-adjusted return (90d) | -0.21 | 0.11 |
| Best 30 days (past year) | — | +34.3% |
| Worst 30 days (past year) | — | -41.2% |
Relative strength over 90 days: DOGE outperformed 币有 by 94.1% — measured on the 币有/DOGE ratio, so it holds regardless of market direction.