Jotchua vs cat in a dogs world

cat in a dogs world (MEW) is 21.5× the size of Jotchua (JOTCHUA) by market capitalisation. Over the past 30 days, JOTCHUA is ahead by 15.5 percentage points (JOTCHUA +10.5% against MEW -4.9%). Their daily returns move loosely together (correlation 0.43 across 34 shared trading days). JOTCHUA has been the more volatile of the two, at 292% annualised against MEW's 99%.

Correlation: 0.43
Size ratio: 1 : 21.5
Ahead over 30 days: JOTCHUA

JotchuaJOTCHUA

$0.001547

24h: -6.08%
Market cap: $1.55M
Volume 24h: $706,740
Volatility (ann.): 292%

cat in a dogs worldMEW

$0.000375

24h: -2.74%
Market cap: $33.30M
Volume 24h: $3.21M
Volatility (ann.): 99%

JOTCHUA 4.4%Share of the two combined market caps95.6% MEW

Performance

JOTCHUAMEW

7 days+6.84%-11.24%JOTCHUA
30 days+10.53%-4.93%JOTCHUA

Correlation

0.43over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5090d: 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	JOTCHUA	MEW
Max drawdown (400d)	-61.6%	-24.8%
Risk-adjusted return (90d)	-0.11	-0.09

Relative strength over 90 days: MEW outperformed JOTCHUA by 27.6% — measured on the JOTCHUA/MEW ratio, so it holds regardless of market direction.

Jotchua →cat in a dogs world →