Copper (inu) vs cat in a dogs world

cat in a dogs world (MEW) is 270.8× the size of Copper (inu) (COPPERINU) by market capitalisation. Over the past 30 days, MEW is ahead by 91.3 percentage points (COPPERINU -96.3% against MEW -4.9%). Their daily returns move barely together (correlation 0.17 across 36 shared trading days). COPPERINU has been the more volatile of the two, at 435% annualised against MEW's 99%.

Correlation: 0.17
Size ratio: 1 : 270.8
Ahead over 30 days: MEW

Copper (inu)COPPERINU

$0.000122

24h: +0.84%
Market cap: $122,843
Volume 24h: $24,282
Volatility (ann.): 435%

cat in a dogs worldMEW

$0.000374

24h: -2.55%
Market cap: $33.26M
Volume 24h: $3.39M
Volatility (ann.): 99%

COPPERINU 0.4%Share of the two combined market caps99.6% MEW

Performance

COPPERINUMEW

7 days-7.58%-11.24%COPPERINU
30 days-96.27%-4.93%MEW

Correlation

0.17over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0990d: 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	COPPERINU	MEW
Max drawdown (400d)	-99.0%	-24.8%
Risk-adjusted return (90d)	-0.23	-0.09

Relative strength over 90 days: MEW outperformed COPPERINU by 98.9% — measured on the COPPERINU/MEW ratio, so it holds regardless of market direction.

Copper (inu) →cat in a dogs world →