Onigiri vs Cash Cat

Cash Cat (CASHCAT) is 1609.3× the size of Onigiri (ONI) by market capitalisation. Over the past 30 days, ONI is ahead by 18.3 percentage points (ONI -18.3% against CASHCAT -36.7%). Their daily returns move barely in opposite directions (correlation -0.08 across 21 shared trading days). CASHCAT has been the more volatile of the two, at 261% annualised against ONI's 42%.

Correlation: -0.08
Size ratio: 1 : 1609.3
Ahead over 30 days: ONI

OnigiriONI

$1.348e-7

24h: +7.17%
Market cap: $56,715
Volume 24h: $14
Volatility (ann.): 42%

Cash CatCASHCAT

$0.092404

24h: -15.28%
Market cap: $91.27M
Volume 24h: $13.09M
Volatility (ann.): 261%

ONI 0.1%Share of the two combined market caps99.9% CASHCAT

Performance

ONICASHCAT

7 days-7.59%+3.53%CASHCAT
30 days-18.34%-36.68%ONI

Correlation

-0.08over 21 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	ONI	CASHCAT
Max drawdown (400d)	-25.0%	-69.6%
Risk-adjusted return (90d)	-0.57	-0.03

Relative strength over 90 days: ONI outperformed CASHCAT by 9.9% — measured on the ONI/CASHCAT ratio, so it holds regardless of market direction.

Onigiri →Cash Cat →