Bop Cat vs Cash Cat

Cash Cat (CASHCAT) is 1449.4× the size of Bop Cat (BOP) by market capitalisation. Over the past 30 days, CASHCAT is ahead by 4.3 percentage points (BOP -41.0% against CASHCAT -36.7%). Their daily returns move barely together (correlation 0.20 across 23 shared trading days). CASHCAT has been the more volatile of the two, at 261% annualised against BOP's 103%.

Correlation: 0.20
Size ratio: 1 : 1449.4
Ahead over 30 days: CASHCAT

Bop CatBOP

$7.145e-5

24h: +4.01%
Market cap: $71,357
Volume 24h: $298
Volatility (ann.): 103%

Cash CatCASHCAT

$0.104714

24h: -3.11%
Market cap: $103.43M
Volume 24h: $10.25M
Volatility (ann.): 261%

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

Performance

BOPCASHCAT

7 days-6.45%+3.53%CASHCAT
30 days-40.97%-36.68%CASHCAT

Correlation

0.20over 23 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	BOP	CASHCAT
Max drawdown (400d)	-48.7%	-69.6%
Risk-adjusted return (90d)	-0.37	-0.03

Relative strength over 90 days: CASHCAT outperformed BOP by 9.3% — measured on the BOP/CASHCAT ratio, so it holds regardless of market direction.

Bop Cat →Cash Cat →