Nitefeeder vs Ape and Pepe

Ape and Pepe (APEPE) is 1190.9× the size of Nitefeeder (NITEFEEDER) by market capitalisation. Over the past 30 days, APEPE is ahead by 7.9 percentage points (NITEFEEDER -13.5% against APEPE -5.6%). Their daily returns move barely together (correlation 0.28 across 23 shared trading days). Both have run at a similar volatility, around 86% annualised.

Correlation: 0.28
Size ratio: 1 : 1190.9
Ahead over 30 days: APEPE

NitefeederNITEFEEDER

$4.964e-10

24h: —
Market cap: $208,849
Volume 24h: —
Volatility (ann.): 80%

Ape and PepeAPEPE

$1.180e-6

24h: -1.61%
Market cap: $248.71M
Volume 24h: $10.38M
Volatility (ann.): 92%

NITEFEEDER 0.1%Share of the two combined market caps99.9% APEPE

Performance

NITEFEEDERAPEPE

7 days-7.50%-7.81%NITEFEEDER
30 days-13.55%-5.60%APEPE

Correlation

0.28over 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	NITEFEEDER	APEPE
Max drawdown (400d)	-17.0%	-24.0%
Risk-adjusted return (90d)	-0.17	0.31

Relative strength over 90 days: APEPE outperformed NITEFEEDER by 1.0% — measured on the NITEFEEDER/APEPE ratio, so it holds regardless of market direction.

Nitefeeder →Ape and Pepe →