Nitro vs Ape and Pepe

Ape and Pepe (APEPE) is 1109.6× the size of Nitro (NITRO) by market capitalisation. Over the past 30 days, APEPE is ahead by 13.2 percentage points (NITRO -18.8% against APEPE -5.6%). Their daily returns move barely together (correlation 0.10 across 27 shared trading days). NITRO has been the more volatile of the two, at 229% annualised against APEPE's 92%.

Correlation: 0.10
Size ratio: 1 : 1109.6
Ahead over 30 days: APEPE

NitroNITRO

$5.342e-7

24h: +6.75%
Market cap: $224,342
Volume 24h: $13
Volatility (ann.): 229%

Ape and PepeAPEPE

$1.190e-6

24h: -1.51%
Market cap: $248.93M
Volume 24h: $10.32M
Volatility (ann.): 92%

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

Performance

NITROAPEPE

7 days+13.42%-7.81%NITRO
30 days-18.80%-5.60%APEPE

Correlation

0.10over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1090d: 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	NITRO	APEPE
Max drawdown (400d)	-54.1%	-24.0%
Risk-adjusted return (90d)	-0.17	0.31

Relative strength over 90 days: APEPE outperformed NITRO by 46.5% — measured on the NITRO/APEPE ratio, so it holds regardless of market direction.

Nitro →Ape and Pepe →