Addicted Cat vs Cash Cat

Cash Cat (CASHCAT) is 169.7× the size of Addicted Cat (MCAT) by market capitalisation. Over the past 30 days, MCAT is ahead by 31.8 percentage points (MCAT -34.7% against CASHCAT -66.5%). Their daily returns move barely together (correlation 0.01 across 30 shared trading days). MCAT has been the more volatile of the two, at 526% annualised against CASHCAT's 258%.

Correlation: 0.01
Size ratio: 1 : 169.7
Ahead over 30 days: MCAT

Addicted CatMCAT

$0.000355

24h: —
Market cap: $353,724
Volume 24h: —
Volatility (ann.): 526%

Cash CatCASHCAT

$0.060791

24h: -8.72%
Market cap: $60.04M
Volume 24h: $10.93M
Volatility (ann.): 258%

MCAT 0.6%Share of the two combined market caps99.4% CASHCAT

Performance

MCATCASHCAT

7 days-56.20%-43.29%CASHCAT
30 days-34.75%-66.50%MCAT

Correlation

0.01over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0190d: 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	MCAT	CASHCAT
Max drawdown (400d)	-80.5%	-79.8%
Risk-adjusted return (90d)	-0.13	-0.19

Relative strength over 90 days: MCAT outperformed CASHCAT by 39.6% — measured on the MCAT/CASHCAT ratio, so it holds regardless of market direction.

Addicted Cat →Cash Cat →