HOPPY vs Cash Cat

Cash Cat (CASHCAT) is 6099.1× the size of HOPPY (HOPPY) by market capitalisation. Over the past 30 days, HOPPY is ahead by 9.6 percentage points (HOPPY -35.3% against CASHCAT -44.9%). Their daily returns move loosely together (correlation 0.40 across 24 shared trading days). CASHCAT has been the more volatile of the two, at 263% annualised against HOPPY's 88%.

Correlation: 0.40
Size ratio: 1 : 6099.1
Ahead over 30 days: HOPPY

HOPPYHOPPY

$1.526e-5

24h: -8.36%
Market cap: $15,264
Volume 24h: $110
Volatility (ann.): 88%

Cash CatCASHCAT

$0.094254

24h: -10.83%
Market cap: $93.10M
Volume 24h: $14.15M
Volatility (ann.): 263%

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

Performance

HOPPYCASHCAT

7 days-2.84%-1.53%CASHCAT
30 days-35.28%-44.92%HOPPY

Correlation

0.40over 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	HOPPY	CASHCAT
Max drawdown (400d)	-41.0%	-70.0%
Risk-adjusted return (90d)	-0.38	-0.09

Relative strength over 90 days: HOPPY outperformed CASHCAT by 2.5% — measured on the HOPPY/CASHCAT ratio, so it holds regardless of market direction.

HOPPY →Cash Cat →