Book of Miggles vs Cash Cat

Cash Cat (CASHCAT) is 691.5× the size of Book of Miggles (BOMI) by market capitalisation. Over the past 30 days, BOMI is ahead by 40.0 percentage points (BOMI +3.3% against CASHCAT -36.7%). Their daily returns move barely in opposite directions (correlation -0.01 across 22 shared trading days). CASHCAT has been the more volatile of the two, at 261% annualised against BOMI's 59%.

Correlation: -0.01
Size ratio: 1 : 691.5
Ahead over 30 days: BOMI

Book of MigglesBOMI

$0.149619

24h: +10.61%
Market cap: $149,623
Volume 24h: $225
Volatility (ann.): 59%

Cash CatCASHCAT

$0.104746

24h: -4.05%
Market cap: $103.46M
Volume 24h: $10.68M
Volatility (ann.): 261%

BOMI 0.1%Share of the two combined market caps99.9% CASHCAT

Performance

BOMICASHCAT

7 days+9.37%+3.53%BOMI
30 days+3.35%-36.68%BOMI

Correlation

-0.01over 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	BOMI	CASHCAT
Max drawdown (400d)	-18.0%	-69.6%
Risk-adjusted return (90d)	-0.07	-0.03

Relative strength over 90 days: BOMI outperformed CASHCAT by 16.6% — measured on the BOMI/CASHCAT ratio, so it holds regardless of market direction.

Book of Miggles →Cash Cat →