Chinese Andy vs Ape and Pepe

Ape and Pepe (APEPE) is 1555.2× the size of Chinese Andy (ANDWU) by market capitalisation. Over the past 30 days, APEPE is ahead by 3.5 percentage points (ANDWU -9.1% against APEPE -5.6%). Their daily returns move barely together (correlation 0.28 across 24 shared trading days). APEPE has been the more volatile of the two, at 92% annualised against ANDWU's 51%.

Correlation: 0.28
Size ratio: 1 : 1555.2
Ahead over 30 days: APEPE

Chinese AndyANDWU

$3.793e-10

24h: +6.89%
Market cap: $159,564
Volume 24h: $29
Volatility (ann.): 51%

Ape and PepeAPEPE

$1.180e-6

24h: -1.88%
Market cap: $248.16M
Volume 24h: $13.04M
Volatility (ann.): 92%

ANDWU 0.1%Share of the two combined market caps99.9% APEPE

Performance

ANDWUAPEPE

7 days+3.90%-7.81%ANDWU
30 days-9.08%-5.60%APEPE

Correlation

0.28over 24 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	ANDWU	APEPE
Max drawdown (400d)	-19.3%	-24.0%
Risk-adjusted return (90d)	-0.15	0.31

Relative strength over 90 days: APEPE outperformed ANDWU by 2.8% — measured on the ANDWU/APEPE ratio, so it holds regardless of market direction.

Chinese Andy →Ape and Pepe →