FIRE vs Cash Cat

Cash Cat (CASHCAT) is 1341.0× the size of FIRE (FIRE) by market capitalisation. Over the past 30 days, CASHCAT is ahead by 60.6 percentage points (FIRE -95.9% against CASHCAT -35.3%). Their daily returns move barely together (correlation 0.34 across 26 shared trading days). FIRE has been the more volatile of the two, at 474% annualised against CASHCAT's 264%.

Correlation: 0.34
Size ratio: 1 : 1341.0
Ahead over 30 days: CASHCAT

FIREFIRE

$8.152e-5

24h: -4.05%
Market cap: $80,512
Volume 24h: $950
Volatility (ann.): 474%

Cash CatCASHCAT

$0.109311

24h: +7.49%
Market cap: $107.97M
Volume 24h: $16.89M
Volatility (ann.): 264%

FIRE 0.1%Share of the two combined market caps99.9% CASHCAT

Performance

FIRECASHCAT

7 days-65.74%+8.81%CASHCAT
30 days-95.87%-35.26%CASHCAT

Correlation

0.34over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3490d: 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	FIRE	CASHCAT
Max drawdown (400d)	-98.2%	-69.6%
Risk-adjusted return (90d)	-0.21	-0.02

Relative strength over 90 days: CASHCAT outperformed FIRE by 96.5% — measured on the FIRE/CASHCAT ratio, so it holds regardless of market direction.

FIRE →Cash Cat →