Owo vs Ape and Pepe

Ape and Pepe (APEPE) is 23439.6× the size of Owo (OWO) by market capitalisation. Over the past 30 days, OWO is ahead by 23.5 percentage points (OWO +17.9% against APEPE -5.6%). Their daily returns move barely together (correlation 0.00 across 22 shared trading days). OWO has been the more volatile of the two, at 197% annualised against APEPE's 92%.

Correlation: 0.00
Size ratio: 1 : 23439.6
Ahead over 30 days: OWO

OwoOWO

$2.505e-11

24h: +18.18%
Market cap: $10,540
Volume 24h: $1,242
Volatility (ann.): 197%

Ape and PepeAPEPE

$1.180e-6

24h: -1.35%
Market cap: $247.06M
Volume 24h: $16.68M
Volatility (ann.): 92%

OWO 0.0%Share of the two combined market caps100.0% APEPE

Performance

OWOAPEPE

7 days+29.00%-7.81%OWO
30 days+17.87%-5.60%OWO

Correlation

0.00over 22 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	OWO	APEPE
Max drawdown (400d)	-23.1%	-24.0%
Risk-adjusted return (90d)	0.09	0.31

Relative strength over 90 days: OWO outperformed APEPE by 19.9% — measured on the OWO/APEPE ratio, so it holds regardless of market direction.

Owo →Ape and Pepe →