BLACKROCK vs Cash Cat

Cash Cat (CASHCAT) is 7436.5× the size of BLACKROCK (BLACKROCK) by market capitalisation. Over the past 30 days, CASHCAT is ahead by 34.8 percentage points (BLACKROCK -71.5% against CASHCAT -36.7%). Their daily returns move barely in opposite directions (correlation -0.19 across 22 shared trading days). BLACKROCK has been the more volatile of the two, at 10847% annualised against CASHCAT's 261%.

Correlation: -0.19
Size ratio: 1 : 7436.5
Ahead over 30 days: CASHCAT

BLACKROCKBLACKROCK

$1.395e-5

24h: +8.53%
Market cap: $13,936
Volume 24h: $176
Volatility (ann.): 10847%

Cash CatCASHCAT

$0.104900

24h: -3.02%
Market cap: $103.63M
Volume 24h: $10.31M
Volatility (ann.): 261%

BLACKROCK 0.0%Share of the two combined market caps100.0% CASHCAT

Performance

BLACKROCKCASHCAT

7 days-28.90%+3.53%CASHCAT
30 days-71.46%-36.68%CASHCAT

Correlation

-0.19over 22 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	BLACKROCK	CASHCAT
Max drawdown (400d)	-96.3%	-69.6%
Risk-adjusted return (90d)	-0.01	-0.03

Relative strength over 90 days: CASHCAT outperformed BLACKROCK by 58.8% — measured on the BLACKROCK/CASHCAT ratio, so it holds regardless of market direction.

BLACKROCK →Cash Cat →