hispanic pepe vs Ape and Pepe

Ape and Pepe (APEPE) is 5372.3× the size of hispanic pepe (CONCHO) by market capitalisation. Over the past 30 days, APEPE is ahead by 20.9 percentage points (CONCHO -26.5% against APEPE -5.6%). Their daily returns move closely together (correlation 0.68 across 22 shared trading days). APEPE has been the more volatile of the two, at 92% annualised against CONCHO's 56%.

Correlation: 0.68
Size ratio: 1 : 5372.3
Ahead over 30 days: APEPE

hispanic pepeCONCHO

$4.599e-5

24h: -0.49%
Market cap: $45,987
Volume 24h: $2
Volatility (ann.): 56%

Ape and PepeAPEPE

$1.180e-6

24h: -1.35%
Market cap: $247.06M
Volume 24h: $16.68M
Volatility (ann.): 92%

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

Performance

CONCHOAPEPE

7 days-9.88%-7.81%APEPE
30 days-26.54%-5.60%APEPE

Correlation

0.68over 22 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	CONCHO	APEPE
Max drawdown (400d)	-28.5%	-24.0%
Risk-adjusted return (90d)	-0.47	0.31

Relative strength over 90 days: APEPE outperformed CONCHO by 14.1% — measured on the CONCHO/APEPE ratio, so it holds regardless of market direction.

hispanic pepe →Ape and Pepe →