Gasspas vs Ape and Pepe

Ape and Pepe (APEPE) is 923.1× the size of Gasspas (GASS) by market capitalisation. Over the past 30 days, APEPE is ahead by 6.9 percentage points (GASS -12.5% against APEPE -5.6%). Their daily returns move barely together (correlation 0.01 across 27 shared trading days). APEPE has been the more volatile of the two, at 92% annualised against GASS's 76%.

Correlation: 0.01
Size ratio: 1 : 923.1
Ahead over 30 days: APEPE

GasspasGASS

$6.401e-10

24h: +7.31%
Market cap: $269,434
Volume 24h: $25,509
Volatility (ann.): 76%

Ape and PepeAPEPE

$1.180e-6

24h: -1.61%
Market cap: $248.71M
Volume 24h: $10.38M
Volatility (ann.): 92%

GASS 0.1%Share of the two combined market caps99.9% APEPE

Performance

GASSAPEPE

7 days-0.63%-7.81%GASS
30 days-12.53%-5.60%APEPE

Correlation

0.01over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0190d: 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	GASS	APEPE
Max drawdown (400d)	-34.7%	-24.0%
Risk-adjusted return (90d)	-0.39	0.31

Relative strength over 90 days: APEPE outperformed GASS by 38.4% — measured on the GASS/APEPE ratio, so it holds regardless of market direction.

Gasspas →Ape and Pepe →