Believe In Something vs Cartoon Money

Believe In Something (BELIEVE) and Cartoon Money (CBUCKS) compared side by side. Over the past 30 days, CBUCKS is ahead by 7394.3 percentage points (BELIEVE -60.0% against CBUCKS +7334.3%). Their daily returns move barely in opposite directions (correlation -0.14 across 25 shared trading days). CBUCKS has been the more volatile of the two, at 1185% annualised against BELIEVE's 728%.

Correlation: -0.14
Ahead over 30 days: CBUCKS

Believe In SomethingBELIEVE

$6.797e-6

24h: -10.71%
Market cap: —
Volume 24h: $82
Volatility (ann.): 728%

Cartoon MoneyCBUCKS

$0.005258

24h: +20.96%
Market cap: $4.96M
Volume 24h: $658,093
Volatility (ann.): 1185%

BELIEVE 0.0%Share of the two combined market caps100.0% CBUCKS

Performance

BELIEVECBUCKS

7 days-56.56%+126.98%CBUCKS
30 days-59.99%+7334.34%CBUCKS

Correlation

-0.14over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1490d: 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	BELIEVE	CBUCKS
Max drawdown (400d)	-84.3%	-36.0%
Risk-adjusted return (90d)	-0.10	6.41

Relative strength over 90 days: CBUCKS outperformed BELIEVE by 99.3% — measured on the BELIEVE/CBUCKS ratio, so it holds regardless of market direction.

Believe In Something →Cartoon Money →