BER vs cat in a dogs world

cat in a dogs world (MEW) is 130.6× the size of BER (BER) by market capitalisation. Over the past 30 days, MEW is ahead by 82.3 percentage points (BER -87.2% against MEW -4.9%). Their daily returns move barely together (correlation 0.10 across 34 shared trading days). BER has been the more volatile of the two, at 795% annualised against MEW's 99%.

Correlation: 0.10
Size ratio: 1 : 130.6
Ahead over 30 days: MEW

BERBER

$0.000255

24h: +0.88%
Market cap: $255,243
Volume 24h: $181
Volatility (ann.): 795%

cat in a dogs worldMEW

$0.000375

24h: -2.36%
Market cap: $33.33M
Volume 24h: $3.60M
Volatility (ann.): 99%

BER 0.8%Share of the two combined market caps99.2% MEW

Performance

BERMEW

7 days-39.04%-11.24%MEW
30 days-87.20%-4.93%MEW

Correlation

0.10over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0990d: 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	BER	MEW
Max drawdown (400d)	-93.0%	-24.8%
Risk-adjusted return (90d)	-0.11	-0.09

Relative strength over 90 days: MEW outperformed BER by 86.7% — measured on the BER/MEW ratio, so it holds regardless of market direction.

BER →cat in a dogs world →