Boochie by Matt Furie vs Ape and Pepe

Ape and Pepe (APEPE) is 6044.2× the size of Boochie by Matt Furie (BOOCHIE) by market capitalisation. Over the past 30 days, BOOCHIE is ahead by 3.4 percentage points (BOOCHIE -2.2% against APEPE -5.6%). Their daily returns move barely together (correlation 0.05 across 25 shared trading days). APEPE has been the more volatile of the two, at 91% annualised against BOOCHIE's 68%.

Correlation: 0.05
Size ratio: 1 : 6044.2
Ahead over 30 days: BOOCHIE

Boochie by Matt FurieBOOCHIE

$9.709e-11

24h: -7.57%
Market cap: $40,844
Volume 24h: $6
Volatility (ann.): 68%

Ape and PepeAPEPE

$1.180e-6

24h: -0.31%
Market cap: $246.87M
Volume 24h: $16.43M
Volatility (ann.): 91%

BOOCHIE 0.0%Share of the two combined market caps100.0% APEPE

Performance

BOOCHIEAPEPE

7 days+17.47%-7.09%BOOCHIE
30 days-2.24%-5.60%BOOCHIE

Correlation

0.05over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0590d: 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	BOOCHIE	APEPE
Max drawdown (400d)	-21.4%	-24.0%
Risk-adjusted return (90d)	-0.03	0.31

Relative strength over 90 days: BOOCHIE outperformed APEPE by 9.1% — measured on the BOOCHIE/APEPE ratio, so it holds regardless of market direction.

Boochie by Matt Furie →Ape and Pepe →