Keyboard Cat vs cat in a dogs world

cat in a dogs world (MEW) is 672.6× the size of Keyboard Cat (KEYCAT) by market capitalisation. Over the past 30 days, KEYCAT is ahead by 0.6 percentage points (KEYCAT -5.3% against MEW -5.9%). Their daily returns move loosely together (correlation 0.47 across 22 shared trading days). MEW has been the more volatile of the two, at 98% annualised against KEYCAT's 73%.

Correlation: 0.47
Size ratio: 1 : 672.6
Ahead over 30 days: KEYCAT

Keyboard CatKEYCAT

$4.643e-5

24h: +4.36%
Market cap: $46,331
Volume 24h: $10
Volatility (ann.): 73%

cat in a dogs worldMEW

$0.000351

24h: -8.20%
Market cap: $31.16M
Volume 24h: $3.49M
Volatility (ann.): 98%

KEYCAT 0.1%Share of the two combined market caps99.9% MEW

Performance

KEYCATMEW

7 days-3.15%-12.91%KEYCAT
30 days-5.32%-5.88%KEYCAT

Correlation

0.47over 22 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	KEYCAT	MEW
Max drawdown (400d)	-18.3%	-24.8%
Risk-adjusted return (90d)	-0.07	-0.09

Relative strength over 90 days: MEW outperformed KEYCAT by 18.0% — measured on the KEYCAT/MEW ratio, so it holds regardless of market direction.

Keyboard Cat →cat in a dogs world →