Keyboard Cat (Base) vs SPX6900

SPX6900 (SPX) is 77.8× the size of Keyboard Cat (Base) (KEYCAT) by market capitalisation. Over the past 30 days, SPX is ahead by 7.6 percentage points (KEYCAT -31.9% against SPX -24.3%). Their daily returns move loosely together (correlation 0.38 across 32 shared trading days). KEYCAT has been the more volatile of the two, at 147% annualised against SPX's 113%.

Correlation: 0.38
Size ratio: 1 : 77.8
Ahead over 30 days: SPX

Keyboard Cat (Base)KEYCAT

$0.000458

24h: -0.13%
Market cap: $4.58M
Volume 24h: $82,727
Volatility (ann.): 147%

SPX6900SPX

$0.382594

24h: +4.50%
Market cap: $356.19M
Volume 24h: $7.55M
Volatility (ann.): 113%

KEYCAT 1.3%Share of the two combined market caps98.7% SPX

Performance

KEYCATSPX

7 days-9.12%-3.77%SPX
30 days-31.90%-24.31%SPX

Correlation

0.38over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 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	KEYCAT	SPX
Max drawdown (400d)	-46.4%	-42.9%
Risk-adjusted return (90d)	-0.25	0.14

Relative strength over 90 days: SPX outperformed KEYCAT by 11.6% — measured on the KEYCAT/SPX ratio, so it holds regardless of market direction.

Keyboard Cat (Base) →SPX6900 →