Momo vs cat in a dogs world

cat in a dogs world (MEW) is 230.8× the size of Momo (MOMO) by market capitalisation. Over the past 30 days, MEW is ahead by 93.4 percentage points (MOMO -99.3% against MEW -5.9%). Their daily returns move loosely together (correlation 0.36 across 26 shared trading days). MOMO has been the more volatile of the two, at 380% annualised against MEW's 98%.

Correlation: 0.36
Size ratio: 1 : 230.8
Ahead over 30 days: MEW

MomoMOMO

$0.000145

24h: +6.67%
Market cap: $143,122
Volume 24h: $30,394
Volatility (ann.): 380%

cat in a dogs worldMEW

$0.000372

24h: -0.66%
Market cap: $33.03M
Volume 24h: $3.03M
Volatility (ann.): 98%

MOMO 0.4%Share of the two combined market caps99.6% MEW

Performance

MOMOMEW

7 days-99.05%-12.91%MEW
30 days-99.29%-5.88%MEW

Correlation

0.36over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3690d: 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	MOMO	MEW
Max drawdown (400d)	-99.3%	-24.8%
Risk-adjusted return (90d)	-0.26	-0.09

Relative strength over 90 days: MEW outperformed MOMO by 99.3% — measured on the MOMO/MEW ratio, so it holds regardless of market direction.

Momo →cat in a dogs world →