Billy (Bitcoin) vs Cash Cat

Cash Cat (CASHCAT) is 67.7× the size of Billy (Bitcoin) (BILLY) by market capitalisation. Over the past 30 days, CASHCAT is ahead by 3.3 percentage points (BILLY -38.6% against CASHCAT -35.3%). Their daily returns move closely together (correlation 0.63 across 30 shared trading days). CASHCAT has been the more volatile of the two, at 264% annualised against BILLY's 212%.

Correlation: 0.63
Size ratio: 1 : 67.7
Ahead over 30 days: CASHCAT

Billy (Bitcoin)BILLY

$0.001558

24h: +6.67%
Market cap: $1.56M
Volume 24h: $2,880
Volatility (ann.): 212%

Cash CatCASHCAT

$0.106823

24h: -0.06%
Market cap: $105.49M
Volume 24h: $16.55M
Volatility (ann.): 264%

BILLY 1.5%Share of the two combined market caps98.5% CASHCAT

Performance

BILLYCASHCAT

7 days+2.44%+8.81%CASHCAT
30 days-38.56%-35.26%CASHCAT

Correlation

0.63over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6390d: 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	BILLY	CASHCAT
Max drawdown (400d)	-50.0%	-69.6%
Risk-adjusted return (90d)	-0.21	-0.02

Relative strength over 90 days: BILLY outperformed CASHCAT by 21.0% — measured on the BILLY/CASHCAT ratio, so it holds regardless of market direction.

Billy (Bitcoin) →Cash Cat →