Cocoro vs cat in a dogs world

cat in a dogs world (MEW) is 165.5× the size of Cocoro (COCORO) by market capitalisation. Over the past 30 days, MEW is ahead by 31.9 percentage points (COCORO -37.8% against MEW -5.9%). Their daily returns move barely together (correlation 0.31 across 33 shared trading days). COCORO has been the more volatile of the two, at 132% annualised against MEW's 98%.

Correlation: 0.31
Size ratio: 1 : 165.5
Ahead over 30 days: MEW

CocoroCOCORO

$4.847e-7

24h: +12.32%
Market cap: $203,894
Volume 24h: $28,431
Volatility (ann.): 132%

cat in a dogs worldMEW

$0.000380

24h: +0.12%
Market cap: $33.74M
Volume 24h: $3.33M
Volatility (ann.): 98%

COCORO 0.6%Share of the two combined market caps99.4% MEW

Performance

COCOROMEW

7 days-1.22%-12.91%COCORO
30 days-37.83%-5.88%MEW

Correlation

0.31over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2890d: 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	COCORO	MEW
Max drawdown (400d)	-52.6%	-24.8%
Risk-adjusted return (90d)	-0.27	-0.09

Relative strength over 90 days: MEW outperformed COCORO by 32.7% — measured on the COCORO/MEW ratio, so it holds regardless of market direction.

Cocoro →cat in a dogs world →