Hoodbird vs Cash Cat

Cash Cat (CASHCAT) is 19906.0× the size of Hoodbird (HOODBIRD) by market capitalisation. Over the past 30 days, HOODBIRD is ahead by 3.8 percentage points (HOODBIRD -32.9% against CASHCAT -36.7%). Their daily returns move barely together (correlation 0.14 across 22 shared trading days). CASHCAT has been the more volatile of the two, at 261% annualised against HOODBIRD's 128%.

Correlation: 0.14
Size ratio: 1 : 19906.0
Ahead over 30 days: HOODBIRD

HoodbirdHOODBIRD

$4.990e-6

24h: —
Market cap: $4,989
Volume 24h: —
Volatility (ann.): 128%

Cash CatCASHCAT

$0.100548

24h: -8.96%
Market cap: $99.31M
Volume 24h: $9.91M
Volatility (ann.): 261%

HOODBIRD 0.0%Share of the two combined market caps100.0% CASHCAT

Performance

HOODBIRDCASHCAT

7 days+3.10%+3.53%CASHCAT
30 days-32.87%-36.68%HOODBIRD

Correlation

0.14over 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	HOODBIRD	CASHCAT
Max drawdown (400d)	-46.7%	-69.6%
Risk-adjusted return (90d)	-0.20	-0.03

Relative strength over 90 days: CASHCAT outperformed HOODBIRD by 7.8% — measured on the HOODBIRD/CASHCAT ratio, so it holds regardless of market direction.

Hoodbird →Cash Cat →