LEO vs Cash Cat

Cash Cat (CASHCAT) is 157.5× the size of LEO (LEO) by market capitalisation. Over the past 30 days, LEO is ahead by 7.1 percentage points (LEO -28.2% against CASHCAT -35.3%). Their daily returns move loosely together (correlation 0.48 across 21 shared trading days). CASHCAT has been the more volatile of the two, at 264% annualised against LEO's 185%.

Correlation: 0.48
Size ratio: 1 : 157.5
Ahead over 30 days: LEO

LEOLEO

$7.184e-5

24h: -8.58%
Market cap: $682,452
Volume 24h: $7,949
Volatility (ann.): 185%

Cash CatCASHCAT

$0.108796

24h: +0.73%
Market cap: $107.47M
Volume 24h: $16.54M
Volatility (ann.): 264%

LEO 0.6%Share of the two combined market caps99.4% CASHCAT

Performance

LEOCASHCAT

7 days-13.52%+8.81%CASHCAT
30 days-28.19%-35.26%LEO

Correlation

0.48over 21 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	LEO	CASHCAT
Max drawdown (400d)	-52.5%	-69.6%
Risk-adjusted return (90d)	-0.15	-0.02

Relative strength over 90 days: CASHCAT outperformed LEO by 8.6% — measured on the LEO/CASHCAT ratio, so it holds regardless of market direction.

LEO →Cash Cat →