Mr. Miggles vs Cash Cat

Cash Cat (CASHCAT) is 90.6× the size of Mr. Miggles (MIGGLES) by market capitalisation. Over the past 30 days, CASHCAT is ahead by 9.5 percentage points (MIGGLES -44.7% against CASHCAT -35.3%). Their daily returns move loosely together (correlation 0.50 across 31 shared trading days). CASHCAT has been the more volatile of the two, at 264% annualised against MIGGLES's 189%.

Correlation: 0.50
Size ratio: 1 : 90.6
Ahead over 30 days: CASHCAT

Mr. MigglesMIGGLES

$0.001219

24h: -0.96%
Market cap: $1.17M
Volume 24h: $2,987
Volatility (ann.): 189%

Cash CatCASHCAT

$0.107182

24h: -1.33%
Market cap: $105.86M
Volume 24h: $16.24M
Volatility (ann.): 264%

MIGGLES 1.1%Share of the two combined market caps98.9% CASHCAT

Performance

MIGGLESCASHCAT

7 days-2.70%+8.81%CASHCAT
30 days-44.71%-35.26%CASHCAT

Correlation

0.50over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5090d: 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	MIGGLES	CASHCAT
Max drawdown (400d)	-60.9%	-69.6%
Risk-adjusted return (90d)	-0.32	-0.02

Relative strength over 90 days: CASHCAT outperformed MIGGLES by 11.8% — measured on the MIGGLES/CASHCAT ratio, so it holds regardless of market direction.

Mr. Miggles →Cash Cat →