Fofar vs Ape and Pepe

Ape and Pepe (APEPE) is 2982.0× the size of Fofar (FOFAR) by market capitalisation. Over the past 30 days, APEPE is ahead by 16.7 percentage points (FOFAR -22.3% against APEPE -5.6%). Their daily returns move barely together (correlation 0.09 across 20 shared trading days). APEPE has been the more volatile of the two, at 92% annualised against FOFAR's 42%.

Correlation: 0.09
Size ratio: 1 : 2982.0
Ahead over 30 days: APEPE

FofarFOFAR

$1.973e-7

24h: —
Market cap: $82,998
Volume 24h: —
Volatility (ann.): 42%

Ape and PepeAPEPE

$1.180e-6

24h: -2.08%
Market cap: $247.50M
Volume 24h: $12.72M
Volatility (ann.): 92%

FOFAR 0.0%Share of the two combined market caps100.0% APEPE

Performance

FOFARAPEPE

7 days-9.12%-7.81%APEPE
30 days-22.33%-5.60%APEPE

Correlation

0.09over 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	FOFAR	APEPE
Max drawdown (400d)	-23.4%	-24.0%
Risk-adjusted return (90d)	-0.53	0.31

Relative strength over 90 days: APEPE outperformed FOFAR by 16.3% — measured on the FOFAR/APEPE ratio, so it holds regardless of market direction.

Fofar →Ape and Pepe →