Wojak Coin vs SPX6900

SPX6900 (SPX) is 230.7× the size of Wojak Coin (WOJAK) by market capitalisation. Over the past 30 days, SPX is ahead by 60.2 percentage points (WOJAK -84.5% against SPX -24.3%). Their daily returns move loosely together (correlation 0.47 across 21 shared trading days). WOJAK has been the more volatile of the two, at 302% annualised against SPX's 113%.

Correlation: 0.47
Size ratio: 1 : 230.7
Ahead over 30 days: SPX

Wojak CoinWOJAK

$2.217e-5

24h: +1.14%
Market cap: $1.54M
Volume 24h: $2,560
Volatility (ann.): 302%

SPX6900SPX

$0.381277

24h: +2.59%
Market cap: $354.94M
Volume 24h: $9.04M
Volatility (ann.): 113%

WOJAK 0.4%Share of the two combined market caps99.6% SPX

Performance

WOJAKSPX

7 days-85.98%-3.77%SPX
30 days-84.54%-24.31%SPX

Correlation

0.47over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	SPX
Max drawdown (400d)	-86.5%	-42.9%
Risk-adjusted return (90d)	-0.28	0.14

Relative strength over 90 days: SPX outperformed WOJAK by 78.2% — measured on the WOJAK/SPX ratio, so it holds regardless of market direction.

Wojak Coin →SPX6900 →