Ember Cat vs Cash Cat

Cash Cat (CASHCAT) is 5406.8× the size of Ember Cat (EMBERCAT) by market capitalisation. Over the past 30 days, CASHCAT is ahead by 2.4 percentage points (EMBERCAT -39.1% against CASHCAT -36.7%). Their daily returns move barely in opposite directions (correlation -0.21 across 23 shared trading days). CASHCAT has been the more volatile of the two, at 261% annualised against EMBERCAT's 193%.

Correlation: -0.21
Size ratio: 1 : 5406.8
Ahead over 30 days: CASHCAT

Ember CatEMBERCAT

$1.878e-5

24h: +7.90%
Market cap: $18,777
Volume 24h: $194
Volatility (ann.): 193%

Cash CatCASHCAT

$0.102781

24h: -4.98%
Market cap: $101.53M
Volume 24h: $9.85M
Volatility (ann.): 261%

EMBERCAT 0.0%Share of the two combined market caps100.0% CASHCAT

Performance

EMBERCATCASHCAT

7 days-8.77%+3.53%CASHCAT
30 days-39.12%-36.68%CASHCAT

Correlation

-0.21over 23 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	EMBERCAT	CASHCAT
Max drawdown (400d)	-55.5%	-69.6%
Risk-adjusted return (90d)	-0.26	-0.03

Relative strength over 90 days: CASHCAT outperformed EMBERCAT by 36.8% — measured on the EMBERCAT/CASHCAT ratio, so it holds regardless of market direction.

Ember Cat →Cash Cat →