Ember Cat vs Toshi

Toshi (TOSHI) is 2336.2× the size of Ember Cat (EMBERCAT) by market capitalisation. Over the past 30 days, TOSHI is ahead by 31.1 percentage points (EMBERCAT -39.1% against TOSHI -8.0%). Their daily returns move barely together (correlation 0.24 across 20 shared trading days). EMBERCAT has been the more volatile of the two, at 193% annualised against TOSHI's 82%.

Correlation: 0.24
Size ratio: 1 : 2336.2
Ahead over 30 days: TOSHI

Ember CatEMBERCAT

$1.878e-5

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

ToshiTOSHI

$0.000104

24h: +0.64%
Market cap: $43.87M
Volume 24h: $2.15M
Volatility (ann.): 82%

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

Performance

EMBERCATTOSHI

7 days-8.77%-4.43%TOSHI
30 days-39.12%-8.00%TOSHI

Correlation

0.24over 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	EMBERCAT	TOSHI
Max drawdown (400d)	-55.5%	-24.2%
Risk-adjusted return (90d)	-0.26	-0.08

Relative strength over 90 days: TOSHI outperformed EMBERCAT by 30.0% — measured on the EMBERCAT/TOSHI ratio, so it holds regardless of market direction.

Ember Cat →Toshi →