Gasspas vs Cash Cat

Cash Cat (CASHCAT) is 389.4× the size of Gasspas (GASS) by market capitalisation. Over the past 30 days, GASS is ahead by 24.1 percentage points (GASS -12.5% against CASHCAT -36.7%). Their daily returns move loosely together (correlation 0.42 across 28 shared trading days). CASHCAT has been the more volatile of the two, at 261% annualised against GASS's 76%.

Correlation: 0.42
Size ratio: 1 : 389.4
Ahead over 30 days: GASS

GasspasGASS

$6.401e-10

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

Cash CatCASHCAT

$0.106180

24h: -6.61%
Market cap: $104.92M
Volume 24h: $13.99M
Volatility (ann.): 261%

GASS 0.3%Share of the two combined market caps99.7% CASHCAT

Performance

GASSCASHCAT

7 days-0.63%+3.53%CASHCAT
30 days-12.53%-36.68%GASS

Correlation

0.42over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4290d: 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	CASHCAT
Max drawdown (400d)	-34.7%	-69.6%
Risk-adjusted return (90d)	-0.39	-0.03

Relative strength over 90 days: GASS outperformed CASHCAT by 39.1% — measured on the GASS/CASHCAT ratio, so it holds regardless of market direction.

Gasspas →Cash Cat →