Basecat vs Toshi

Toshi (TOSHI) is 5.4× the size of Basecat (BASECAT) by market capitalisation. Over the past 30 days, TOSHI is ahead by 70.1 percentage points (BASECAT -78.4% against TOSHI -8.3%). Their daily returns move barely together (correlation 0.32 across 45 shared trading days). BASECAT has been the more volatile of the two, at 885% annualised against TOSHI's 83%.

Correlation: 0.32
Size ratio: 1 : 5.4
Ahead over 30 days: TOSHI

BasecatBASECAT

$0.008233

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

ToshiTOSHI

$0.000105

24h: +1.10%
Market cap: $44.12M
Volume 24h: $2.62M
Volatility (ann.): 83%

BASECAT 15.7%Share of the two combined market caps84.3% TOSHI

Performance

BASECATTOSHI

7 days-27.97%-6.12%TOSHI
30 days-78.37%-8.29%TOSHI

Correlation

0.32over 45 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2590d: 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	TOSHI
Max drawdown (400d)	-89.2%	-24.2%
Risk-adjusted return (90d)	-0.05	-0.09

Relative strength over 90 days: BASECAT outperformed TOSHI by 2.4% — measured on the BASECAT/TOSHI ratio, so it holds regardless of market direction.

Basecat →Toshi →