mini vs cat in a dogs world

cat in a dogs world (MEW) is 59.4× the size of mini (MINI) by market capitalisation. Over the past 30 days, MEW is ahead by 37.8 percentage points (MINI -42.7% against MEW -4.9%). Their daily returns move loosely together (correlation 0.50 across 34 shared trading days). MINI has been the more volatile of the two, at 134% annualised against MEW's 99%.

Correlation: 0.50
Size ratio: 1 : 59.4
Ahead over 30 days: MEW

miniMINI

$0.000639

24h: -3.01%
Market cap: $559,869
Volume 24h: $28,420
Volatility (ann.): 134%

cat in a dogs worldMEW

$0.000374

24h: -2.55%
Market cap: $33.26M
Volume 24h: $3.39M
Volatility (ann.): 99%

MINI 1.7%Share of the two combined market caps98.3% MEW

Performance

MINIMEW

7 days-15.57%-11.24%MEW
30 days-42.74%-4.93%MEW

Correlation

0.50over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5290d: 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	MINI	MEW
Max drawdown (400d)	-50.5%	-24.8%
Risk-adjusted return (90d)	-0.34	-0.09

Relative strength over 90 days: MEW outperformed MINI by 42.2% — measured on the MINI/MEW ratio, so it holds regardless of market direction.

mini →cat in a dogs world →