CatSlap vs Toshi

Toshi (TOSHI) is 47.8× the size of CatSlap (SLAP) by market capitalisation. Over the past 30 days, TOSHI is ahead by 0.8 percentage points (SLAP -9.1% against TOSHI -8.3%). Their daily returns move closely together (correlation 0.63 across 32 shared trading days). TOSHI has been the more volatile of the two, at 83% annualised against SLAP's 59%.

Correlation: 0.63
Size ratio: 1 : 47.8
Ahead over 30 days: TOSHI

CatSlapSLAP

$0.000235

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

ToshiTOSHI

$0.000105

24h: +1.89%
Market cap: $44.37M
Volume 24h: $2.60M
Volatility (ann.): 83%

SLAP 2.0%Share of the two combined market caps98.0% TOSHI

Performance

SLAPTOSHI

7 days-2.64%-6.12%SLAP
30 days-9.07%-8.29%TOSHI

Correlation

0.63over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6390d: 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	TOSHI
Max drawdown (400d)	-20.2%	-24.2%
Risk-adjusted return (90d)	-0.16	-0.09

Relative strength over 90 days: SLAP outperformed TOSHI by 5.8% — measured on the SLAP/TOSHI ratio, so it holds regardless of market direction.

CatSlap →Toshi →