Market Cat vs Cash Cat

Cash Cat (CASHCAT) is 14130.6× the size of Market Cat (MARKETCAT) by market capitalisation. Over the past 30 days, MARKETCAT is ahead by 9.4 percentage points (MARKETCAT -27.2% against CASHCAT -36.7%). Their daily returns move barely together (correlation 0.07 across 22 shared trading days). CASHCAT has been the more volatile of the two, at 261% annualised against MARKETCAT's 69%.

Correlation: 0.07
Size ratio: 1 : 14130.6
Ahead over 30 days: MARKETCAT

Market CatMARKETCAT

$6.410e-6

24h: —
Market cap: $6,411
Volume 24h: $96
Volatility (ann.): 69%

Cash CatCASHCAT

$0.091720

24h: -16.16%
Market cap: $90.59M
Volume 24h: $12.72M
Volatility (ann.): 261%

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

Performance

MARKETCATCASHCAT

7 days+6.44%+3.53%MARKETCAT
30 days-27.23%-36.68%MARKETCAT

Correlation

0.07over 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	MARKETCAT	CASHCAT
Max drawdown (400d)	-40.9%	-69.6%
Risk-adjusted return (90d)	-0.49	-0.03

Relative strength over 90 days: CASHCAT outperformed MARKETCAT by 11.5% — measured on the MARKETCAT/CASHCAT ratio, so it holds regardless of market direction.

Market Cat →Cash Cat →