Groyper vs Ape and Pepe

Ape and Pepe (APEPE) is 1227.9× the size of Groyper (GROYPER) by market capitalisation. Over the past 30 days, GROYPER is ahead by 10.0 percentage points (GROYPER +4.4% against APEPE -5.6%). Their daily returns move barely in opposite directions (correlation -0.03 across 24 shared trading days). GROYPER has been the more volatile of the two, at 266% annualised against APEPE's 92%.

Correlation: -0.03
Size ratio: 1 : 1227.9
Ahead over 30 days: GROYPER

GroyperGROYPER

$0.000202

24h: +56.36%
Market cap: $202,060
Volume 24h: $60,779
Volatility (ann.): 266%

Ape and PepeAPEPE

$1.180e-6

24h: -2.08%
Market cap: $248.12M
Volume 24h: $12.72M
Volatility (ann.): 92%

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

Performance

GROYPERAPEPE

7 days+31.59%-7.81%GROYPER
30 days+4.40%-5.60%GROYPER

Correlation

-0.03over 24 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	GROYPER	APEPE
Max drawdown (400d)	-43.5%	-24.0%
Risk-adjusted return (90d)	0.00	0.31

Relative strength over 90 days: GROYPER outperformed APEPE by 22.9% — measured on the GROYPER/APEPE ratio, so it holds regardless of market direction.

Groyper →Ape and Pepe →