Wojak vs Degen

Degen (DEGEN) is 2075.8× the size of Wojak (WOJAK) by market capitalisation. Over the past 30 days, DEGEN is ahead by 81.5 percentage points (WOJAK -99.3% against DEGEN -17.8%). Their daily returns move loosely together (correlation 0.46 across 35 shared trading days). WOJAK has been the more volatile of the two, at 521% annualised against DEGEN's 78%.

Correlation: 0.46
Size ratio: 1 : 2075.8
Ahead over 30 days: DEGEN

WojakWOJAK

$1.493e-5

24h: +1.01%
Market cap: $14,932
Volume 24h: $52
Volatility (ann.): 521%

DegenDEGEN

$0.000863

24h: -0.47%
Market cap: $31.00M
Volume 24h: $3.05M
Volatility (ann.): 78%

WOJAK 0.0%Share of the two combined market caps100.0% DEGEN

Performance

WOJAKDEGEN

7 days-31.58%-7.09%DEGEN
30 days-99.31%-17.76%DEGEN

Correlation

0.46over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4090d: 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	WOJAK	DEGEN
Max drawdown (400d)	-99.7%	-26.2%
Risk-adjusted return (90d)	-0.19	-0.22

Relative strength over 90 days: DEGEN outperformed WOJAK by 98.7% — measured on the WOJAK/DEGEN ratio, so it holds regardless of market direction.

Wojak →Degen →