Basecat vs Cash Cat

Cash Cat (CASHCAT) is 13.1× the size of Basecat (BASECAT) by market capitalisation. Over the past 30 days, CASHCAT is ahead by 43.1 percentage points (BASECAT -78.4% against CASHCAT -35.3%). Their daily returns move barely together (correlation 0.12 across 45 shared trading days). BASECAT has been the more volatile of the two, at 885% annualised against CASHCAT's 264%.

Correlation: 0.12
Size ratio: 1 : 13.1
Ahead over 30 days: CASHCAT

BasecatBASECAT

$0.008233

24h: -1.49%
Market cap: $8.23M
Volume 24h: $2.04M
Volatility (ann.): 885%

Cash CatCASHCAT

$0.109486

24h: +1.00%
Market cap: $108.14M
Volume 24h: $16.50M
Volatility (ann.): 264%

BASECAT 7.1%Share of the two combined market caps92.9% CASHCAT

Performance

BASECATCASHCAT

7 days-27.97%+8.81%CASHCAT
30 days-78.37%-35.26%CASHCAT

Correlation

0.12over 45 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4790d: 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	BASECAT	CASHCAT
Max drawdown (400d)	-89.2%	-69.6%
Risk-adjusted return (90d)	-0.05	-0.02

Relative strength over 90 days: CASHCAT outperformed BASECAT by 44.4% — measured on the BASECAT/CASHCAT ratio, so it holds regardless of market direction.

Basecat →Cash Cat →