CHAD CAT vs Cash Cat

Cash Cat (CASHCAT) is 4226.5× the size of CHAD CAT (CHADCAT) by market capitalisation. Over the past 30 days, CHADCAT is ahead by 20.5 percentage points (CHADCAT -24.5% against CASHCAT -44.9%). Their daily returns move barely together (correlation 0.07 across 21 shared trading days). CASHCAT has been the more volatile of the two, at 263% annualised against CHADCAT's 60%.

Correlation: 0.07
Size ratio: 1 : 4226.5
Ahead over 30 days: CHADCAT

CHAD CATCHADCAT

$2.170e-5

24h: —
Market cap: $21,701
Volume 24h: $2
Volatility (ann.): 60%

Cash CatCASHCAT

$0.092853

24h: -15.33%
Market cap: $91.72M
Volume 24h: $14.27M
Volatility (ann.): 263%

CHADCAT 0.0%Share of the two combined market caps100.0% CASHCAT

Performance

CHADCATCASHCAT

7 days-4.45%-1.53%CASHCAT
30 days-24.46%-44.92%CHADCAT

Correlation

0.07over 21 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	CHADCAT	CASHCAT
Max drawdown (400d)	-28.6%	-70.0%
Risk-adjusted return (90d)	-0.40	-0.09

Relative strength over 90 days: CHADCAT outperformed CASHCAT by 9.0% — measured on the CHADCAT/CASHCAT ratio, so it holds regardless of market direction.

CHAD CAT →Cash Cat →