NASDANQ vs Cash Cat

Cash Cat (CASHCAT) is 415.0× the size of NASDANQ (NASDANQ) by market capitalisation. Over the past 30 days, CASHCAT is ahead by 39.4 percentage points (NASDANQ -74.7% against CASHCAT -35.3%). Their daily returns move barely together (correlation 0.16 across 27 shared trading days). NASDANQ has been the more volatile of the two, at 28400% annualised against CASHCAT's 264%.

Correlation: 0.16
Size ratio: 1 : 415.0
Ahead over 30 days: CASHCAT

NASDANQNASDANQ

$0.000257

24h: -5.11%
Market cap: $256,824
Volume 24h: $7,441
Volatility (ann.): 28400%

Cash CatCASHCAT

$0.107846

24h: -0.43%
Market cap: $106.59M
Volume 24h: $16.39M
Volatility (ann.): 264%

NASDANQ 0.2%Share of the two combined market caps99.8% CASHCAT

Performance

NASDANQCASHCAT

7 days-79.35%+8.81%CASHCAT
30 days-74.68%-35.26%CASHCAT

Correlation

0.16over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1690d: 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	NASDANQ	CASHCAT
Max drawdown (400d)	-99.9%	-69.6%
Risk-adjusted return (90d)	0.00	-0.02

Relative strength over 90 days: CASHCAT outperformed NASDANQ by 81.7% — measured on the NASDANQ/CASHCAT ratio, so it holds regardless of market direction.

NASDANQ →Cash Cat →