Dinger vs Cash Cat

Cash Cat (CASHCAT) is 240.1× the size of Dinger (DINGER) by market capitalisation. Over the past 30 days, DINGER is ahead by 16.0 percentage points (DINGER -19.2% against CASHCAT -35.3%). Their daily returns move barely together (correlation 0.06 across 20 shared trading days). CASHCAT has been the more volatile of the two, at 264% annualised against DINGER's 40%.

Correlation: 0.06
Size ratio: 1 : 240.1
Ahead over 30 days: DINGER

DingerDINGER

$4.476e-7

24h: +0.47%
Market cap: $447,614
Volume 24h: $41
Volatility (ann.): 40%

Cash CatCASHCAT

$0.108796

24h: +0.73%
Market cap: $107.47M
Volume 24h: $16.54M
Volatility (ann.): 264%

DINGER 0.4%Share of the two combined market caps99.6% CASHCAT

Performance

DINGERCASHCAT

7 days-2.48%+8.81%CASHCAT
30 days-19.24%-35.26%DINGER

Correlation

0.06over 20 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	DINGER	CASHCAT
Max drawdown (400d)	-20.5%	-69.6%
Risk-adjusted return (90d)	-0.49	-0.02

Relative strength over 90 days: CASHCAT outperformed DINGER by 2.7% — measured on the DINGER/CASHCAT ratio, so it holds regardless of market direction.

Dinger →Cash Cat →