Magatard vs Cash Cat

Cash Cat (CASHCAT) is 15513.8× the size of Magatard (MAGATARD) by market capitalisation. Over the past 30 days, CASHCAT is ahead by 39.6 percentage points (MAGATARD -76.3% against CASHCAT -36.7%). Their daily returns move barely together (correlation 0.34 across 23 shared trading days). MAGATARD has been the more volatile of the two, at 546% annualised against CASHCAT's 261%.

Correlation: 0.34
Size ratio: 1 : 15513.8
Ahead over 30 days: CASHCAT

MagatardMAGATARD

$5.700e-6

24h: -28.23%
Market cap: $5,702
Volume 24h: $277
Volatility (ann.): 546%

Cash CatCASHCAT

$0.089561

24h: -16.08%
Market cap: $88.46M
Volume 24h: $13.44M
Volatility (ann.): 261%

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

Performance

MAGATARDCASHCAT

7 days-31.70%+3.53%CASHCAT
30 days-76.28%-36.68%CASHCAT

Correlation

0.34over 23 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	MAGATARD	CASHCAT
Max drawdown (400d)	-78.2%	-69.6%
Risk-adjusted return (90d)	-0.13	-0.03

Relative strength over 90 days: CASHCAT outperformed MAGATARD by 75.5% — measured on the MAGATARD/CASHCAT ratio, so it holds regardless of market direction.

Magatard →Cash Cat →