PAIDCAT (PAIDCAT) and Cartoon Money (CBUCKS) compared side by side. Over the past 30 days, CBUCKS is ahead by 7363.4 percentage points (PAIDCAT -29.0% against CBUCKS +7334.3%). Their daily returns move barely together (correlation 0.04 across 31 shared trading days). Both have run at a similar volatility, around 1218% annualised.
PAIDCATCBUCKS
0.04over 31 shared trading days
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.
| Metric | PAIDCAT | CBUCKS |
|---|---|---|
| Max drawdown (400d) | -63.5% | -36.0% |
| Risk-adjusted return (90d) | 0.06 | 6.41 |
Relative strength over 90 days: CBUCKS outperformed PAIDCAT by 99.2% — measured on the PAIDCAT/CBUCKS ratio, so it holds regardless of market direction.