NINEHOOD vs Cash Cat

Cash Cat (CASHCAT) is 6346.0× the size of NINEHOOD (NINEHOOD) by market capitalisation. Over the past 30 days, NINEHOOD is ahead by 20.4 percentage points (NINEHOOD -16.3% against CASHCAT -36.7%). Their daily returns move barely together (correlation 0.08 across 23 shared trading days). CASHCAT has been the more volatile of the two, at 261% annualised against NINEHOOD's 79%.

Correlation: 0.08
Size ratio: 1 : 6346.0
Ahead over 30 days: NINEHOOD

NINEHOODNINEHOOD

$1.428e-5

24h: +8.23%
Market cap: $14,276
Volume 24h: $76
Volatility (ann.): 79%

Cash CatCASHCAT

$0.091720

24h: -16.16%
Market cap: $90.59M
Volume 24h: $12.72M
Volatility (ann.): 261%

NINEHOOD 0.0%Share of the two combined market caps100.0% CASHCAT

Performance

NINEHOODCASHCAT

7 days+2.73%+3.53%CASHCAT
30 days-16.32%-36.68%NINEHOOD

Correlation

0.08over 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	NINEHOOD	CASHCAT
Max drawdown (400d)	-24.2%	-69.6%
Risk-adjusted return (90d)	-0.22	-0.03

Relative strength over 90 days: CASHCAT outperformed NINEHOOD by 1.3% — measured on the NINEHOOD/CASHCAT ratio, so it holds regardless of market direction.

NINEHOOD →Cash Cat →