Onigiri vs Cash Cat

Cash Cat (CASHCAT) is 3718.4× the size of Onigiri (ONGR) by market capitalisation. Over the past 30 days, ONGR is ahead by 25.4 percentage points (ONGR -19.6% against CASHCAT -44.9%). Their daily returns move barely together (correlation 0.19 across 24 shared trading days). CASHCAT has been the more volatile of the two, at 263% annualised against ONGR's 55%.

Correlation: 0.19
Size ratio: 1 : 3718.4
Ahead over 30 days: ONGR

OnigiriONGR

$2.473e-5

24h: —
Market cap: $24,733
Volume 24h: $14
Volatility (ann.): 55%

Cash CatCASHCAT

$0.093127

24h: -15.22%
Market cap: $91.97M
Volume 24h: $14.51M
Volatility (ann.): 263%

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

Performance

ONGRCASHCAT

7 days-3.79%-1.53%CASHCAT
30 days-19.55%-44.92%ONGR

Correlation

0.19over 24 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	ONGR	CASHCAT
Max drawdown (400d)	-22.4%	-70.0%
Risk-adjusted return (90d)	-0.35	-0.09

Relative strength over 90 days: ONGR outperformed CASHCAT by 9.8% — measured on the ONGR/CASHCAT ratio, so it holds regardless of market direction.

Onigiri →Cash Cat →