Bean Cat (BEANCAT) and Cash Cat (CASHCAT) compared side by side. Over the past 30 days, BEANCAT is ahead by 53.4 percentage points (BEANCAT +18.2% against CASHCAT -35.3%). Their daily returns move barely in opposite directions (correlation -0.16 across 22 shared trading days). BEANCAT has been the more volatile of the two, at 512% annualised against CASHCAT's 264%.
BEANCATCASHCAT
-0.16over 22 shared trading days
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.
| Metric | BEANCAT | CASHCAT |
|---|---|---|
| Max drawdown (400d) | -49.2% | -69.6% |
| Risk-adjusted return (90d) | -0.02 | -0.02 |
Relative strength over 90 days: BEANCAT outperformed CASHCAT by 53.9% — measured on the BEANCAT/CASHCAT ratio, so it holds regardless of market direction.