drooling cat vs cat in a dogs world

cat in a dogs world (MEW) is 308.4× the size of drooling cat (DROOLING) by market capitalisation. Over the past 30 days, MEW is ahead by 92.8 percentage points (DROOLING -98.7% against MEW -5.9%). Their daily returns move loosely together (correlation 0.58 across 31 shared trading days). DROOLING has been the more volatile of the two, at 448% annualised against MEW's 98%.

Correlation: 0.58
Size ratio: 1 : 308.4
Ahead over 30 days: MEW

drooling catDROOLING

$0.000105

24h: +1.93%
Market cap: $104,440
Volume 24h: $6,130
Volatility (ann.): 448%

cat in a dogs worldMEW

$0.000362

24h: -4.99%
Market cap: $32.21M
Volume 24h: $3.12M
Volatility (ann.): 98%

DROOLING 0.3%Share of the two combined market caps99.7% MEW

Performance

DROOLINGMEW

7 days-98.83%-12.91%MEW
30 days-98.68%-5.88%MEW

Correlation

0.58over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5890d: 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	DROOLING	MEW
Max drawdown (400d)	-99.0%	-24.8%
Risk-adjusted return (90d)	-0.22	-0.09

Relative strength over 90 days: MEW outperformed DROOLING by 98.8% — measured on the DROOLING/MEW ratio, so it holds regardless of market direction.

drooling cat →cat in a dogs world →