Dogecoin (DOGE) is 1422.4× the size of 我踏马来了 (我踏马来了) by market capitalisation. Their daily returns move barely together (correlation 0.04 across 274 shared trading days). 我踏马来了 has been the more volatile of the two, at 305% annualised against DOGE's 70%.
我踏马来了DOGE
0.04over 274 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 | 我踏马来了 | DOGE |
|---|---|---|
| Max drawdown (400d) | -88.7% | -74.0% |
| Risk-adjusted return (90d) | 0.04 | 0.11 |
| Best 30 days (past year) | — | +34.3% |
| Worst 30 days (past year) | — | -41.2% |
Relative strength over 90 days: 我踏马来了 outperformed DOGE by 4.1% — measured on the 我踏马来了/DOGE ratio, so it holds regardless of market direction.