CatSlap vs Cash Cat

Cash Cat (CASHCAT) is 115.4× the size of CatSlap (SLAP) by market capitalisation. Over the past 30 days, SLAP is ahead by 26.2 percentage points (SLAP -9.1% against CASHCAT -35.3%). Their daily returns move closely together (correlation 0.72 across 29 shared trading days). CASHCAT has been the more volatile of the two, at 264% annualised against SLAP's 59%.

Correlation: 0.72
Size ratio: 1 : 115.4
Ahead over 30 days: SLAP

CatSlapSLAP

$0.000235

24h: —
Market cap: $927,701
Volume 24h: $7
Volatility (ann.): 59%

Cash CatCASHCAT

$0.108360

24h: +0.71%
Market cap: $107.03M
Volume 24h: $16.39M
Volatility (ann.): 264%

SLAP 0.9%Share of the two combined market caps99.1% CASHCAT

Performance

SLAPCASHCAT

7 days-2.64%+8.81%CASHCAT
30 days-9.07%-35.26%SLAP

Correlation

0.72over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7290d: 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	SLAP	CASHCAT
Max drawdown (400d)	-20.2%	-69.6%
Risk-adjusted return (90d)	-0.16	-0.02

Relative strength over 90 days: SLAP outperformed CASHCAT by 75.7% — measured on the SLAP/CASHCAT ratio, so it holds regardless of market direction.

CatSlap →Cash Cat →