Ink Cat vs Toshi

Toshi (TOSHI) is 807.8× the size of Ink Cat (ICAT) by market capitalisation. Over the past 30 days, TOSHI is ahead by 19.7 percentage points (ICAT -27.7% against TOSHI -8.0%). Their daily returns move barely in opposite directions (correlation -0.00 across 20 shared trading days). ICAT has been the more volatile of the two, at 194% annualised against TOSHI's 82%.

Correlation: -0.00
Size ratio: 1 : 807.8
Ahead over 30 days: TOSHI

Ink CatICAT

$5.501e-5

24h: -4.54%
Market cap: $55,006
Volume 24h: $716
Volatility (ann.): 194%

ToshiTOSHI

$0.000106

24h: +1.70%
Market cap: $44.43M
Volume 24h: $2.43M
Volatility (ann.): 82%

ICAT 0.1%Share of the two combined market caps99.9% TOSHI

Performance

ICATTOSHI

7 days-2.92%-4.43%ICAT
30 days-27.70%-8.00%TOSHI

Correlation

-0.00over 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	ICAT	TOSHI
Max drawdown (400d)	-56.3%	-24.2%
Risk-adjusted return (90d)	-0.23	-0.08

Relative strength over 90 days: TOSHI outperformed ICAT by 27.2% — measured on the ICAT/TOSHI ratio, so it holds regardless of market direction.

Ink Cat →Toshi →