NoMore vs Cash Cat

Cash Cat (CASHCAT) is 5650.1× the size of NoMore (NOMO) by market capitalisation. Over the past 30 days, NOMO is ahead by 3.2 percentage points (NOMO -33.5% against CASHCAT -36.7%). Their daily returns move barely together (correlation 0.05 across 23 shared trading days). CASHCAT has been the more volatile of the two, at 261% annualised against NOMO's 192%.

Correlation: 0.05
Size ratio: 1 : 5650.1
Ahead over 30 days: NOMO

NoMoreNOMO

$1.8800

24h: +7.26%
Market cap: $16,034
Volume 24h: $48
Volatility (ann.): 192%

Cash CatCASHCAT

$0.091720

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

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

Performance

NOMOCASHCAT

7 days-16.43%+3.53%CASHCAT
30 days-33.46%-36.68%NOMO

Correlation

0.05over 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	NOMO	CASHCAT
Max drawdown (400d)	-49.6%	-69.6%
Risk-adjusted return (90d)	-0.25	-0.03

Relative strength over 90 days: CASHCAT outperformed NOMO by 24.9% — measured on the NOMO/CASHCAT ratio, so it holds regardless of market direction.

NoMore →Cash Cat →