Wolf Pack vs Degen

Degen (DEGEN) is 397.6× the size of Wolf Pack (PACK) by market capitalisation. Over the past 30 days, DEGEN is ahead by 73.5 percentage points (PACK -87.0% against DEGEN -13.5%). Their daily returns move barely together (correlation 0.10 across 30 shared trading days). PACK has been the more volatile of the two, at 1184% annualised against DEGEN's 78%.

Correlation: 0.10
Size ratio: 1 : 397.6
Ahead over 30 days: DEGEN

Wolf PackPACK

$8.195e-5

24h: +4.22%
Market cap: $78,137
Volume 24h: $2,337
Volatility (ann.): 1184%

DegenDEGEN

$0.000865

24h: +2.29%
Market cap: $31.07M
Volume 24h: $3.56M
Volatility (ann.): 78%

PACK 0.3%Share of the two combined market caps99.7% DEGEN

Performance

PACKDEGEN

7 days-1.22%-5.52%PACK
30 days-86.96%-13.51%DEGEN

Correlation

0.10over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1090d: 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	PACK	DEGEN
Max drawdown (400d)	-96.7%	-26.2%
Risk-adjusted return (90d)	-0.07	-0.20

Relative strength over 90 days: DEGEN outperformed PACK by 79.6% — measured on the PACK/DEGEN ratio, so it holds regardless of market direction.

Wolf Pack →Degen →