Hooja vs Cash Cat

Cash Cat (CASHCAT) is 7397.8× the size of Hooja (HOOJA) by market capitalisation. Over the past 30 days, HOOJA is ahead by 14.9 percentage points (HOOJA -21.8% against CASHCAT -36.7%). Their daily returns move barely together (correlation 0.13 across 20 shared trading days). CASHCAT has been the more volatile of the two, at 261% annualised against HOOJA's 47%.

Correlation: 0.13
Size ratio: 1 : 7397.8
Ahead over 30 days: HOOJA

HoojaHOOJA

$2.710e-5

24h: +6.82%
Market cap: $12,337
Volume 24h: $2
Volatility (ann.): 47%

Cash CatCASHCAT

$0.092404

24h: -15.28%
Market cap: $91.27M
Volume 24h: $13.09M
Volatility (ann.): 261%

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

Performance

HOOJACASHCAT

7 days-2.59%+3.53%CASHCAT
30 days-21.79%-36.68%HOOJA

Correlation

0.13over 20 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	HOOJA	CASHCAT
Max drawdown (400d)	-24.4%	-69.6%
Risk-adjusted return (90d)	-0.45	-0.03

Relative strength over 90 days: CASHCAT outperformed HOOJA by 6.6% — measured on the HOOJA/CASHCAT ratio, so it holds regardless of market direction.

Hooja →Cash Cat →