NianNian vs Cash Cat

Cash Cat (CASHCAT) is 423.1× the size of NianNian (NIANNIAN) by market capitalisation. Over the past 30 days, NIANNIAN is ahead by 1.9 percentage points (NIANNIAN -34.8% against CASHCAT -36.7%). Their daily returns move barely together (correlation 0.12 across 23 shared trading days). CASHCAT has been the more volatile of the two, at 261% annualised against NIANNIAN's 135%.

Correlation: 0.12
Size ratio: 1 : 423.1
Ahead over 30 days: NIANNIAN

NianNianNIANNIAN

$0.000275

24h: +2.40%
Market cap: $249,089
Volume 24h: $628
Volatility (ann.): 135%

Cash CatCASHCAT

$0.106706

24h: -7.44%
Market cap: $105.40M
Volume 24h: $13.11M
Volatility (ann.): 261%

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

Performance

NIANNIANCASHCAT

7 days-11.31%+3.53%CASHCAT
30 days-34.76%-36.68%NIANNIAN

Correlation

0.12over 23 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	NIANNIAN	CASHCAT
Max drawdown (400d)	-38.7%	-69.6%
Risk-adjusted return (90d)	-0.13	-0.03

Relative strength over 90 days: CASHCAT outperformed NIANNIAN by 5.9% — measured on the NIANNIAN/CASHCAT ratio, so it holds regardless of market direction.

NianNian →Cash Cat →