KPOP vs Cash Cat

Cash Cat (CASHCAT) is 4327.8× the size of KPOP (KPOP) by market capitalisation. Over the past 30 days, KPOP is ahead by 20.7 percentage points (KPOP -24.2% against CASHCAT -44.9%). Their daily returns move barely in opposite directions (correlation -0.04 across 24 shared trading days). CASHCAT has been the more volatile of the two, at 263% annualised against KPOP's 61%.

Correlation: -0.04
Size ratio: 1 : 4327.8
Ahead over 30 days: KPOP

KPOPKPOP

$2.119e-5

24h: —
Market cap: $21,193
Volume 24h: $17
Volatility (ann.): 61%

Cash CatCASHCAT

$0.092853

24h: -15.33%
Market cap: $91.72M
Volume 24h: $14.27M
Volatility (ann.): 263%

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

Performance

KPOPCASHCAT

7 days-9.10%-1.53%CASHCAT
30 days-24.18%-44.92%KPOP

Correlation

-0.04over 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	KPOP	CASHCAT
Max drawdown (400d)	-24.6%	-70.0%
Risk-adjusted return (90d)	-0.38	-0.09

Relative strength over 90 days: KPOP outperformed CASHCAT by 8.5% — measured on the KPOP/CASHCAT ratio, so it holds regardless of market direction.

KPOP →Cash Cat →