first reply vs Cash Cat

Cash Cat (CASHCAT) is 1929.6× the size of first reply (SIRIUS) by market capitalisation. Over the past 30 days, SIRIUS is ahead by 14.1 percentage points (SIRIUS -22.6% against CASHCAT -36.7%). Their daily returns move barely together (correlation 0.35 across 23 shared trading days). CASHCAT has been the more volatile of the two, at 261% annualised against SIRIUS's 50%.

Correlation: 0.35
Size ratio: 1 : 1929.6
Ahead over 30 days: SIRIUS

first replySIRIUS

$4.782e-5

24h: —
Market cap: $46,159
Volume 24h: $6
Volatility (ann.): 50%

Cash CatCASHCAT

$0.090176

24h: -18.51%
Market cap: $89.07M
Volume 24h: $11.78M
Volatility (ann.): 261%

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

Performance

SIRIUSCASHCAT

7 days-6.80%+3.53%CASHCAT
30 days-22.60%-36.68%SIRIUS

Correlation

0.35over 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	SIRIUS	CASHCAT
Max drawdown (400d)	-28.7%	-69.6%
Risk-adjusted return (90d)	-0.46	-0.03

Relative strength over 90 days: CASHCAT outperformed SIRIUS by 6.3% — measured on the SIRIUS/CASHCAT ratio, so it holds regardless of market direction.

first reply →Cash Cat →