Parasite vs Cartoon Money

Cartoon Money (CBUCKS) is 420.8× the size of Parasite (PARASITE) by market capitalisation. Over the past 30 days, CBUCKS is ahead by 1350.0 percentage points (PARASITE -66.6% against CBUCKS +1283.4%). Their daily returns move barely together (correlation 0.23 across 33 shared trading days). CBUCKS has been the more volatile of the two, at 1164% annualised against PARASITE's 522%.

Correlation: 0.23
Size ratio: 1 : 420.8
Ahead over 30 days: CBUCKS

ParasitePARASITE

$1.229e-5

24h: -3.22%
Market cap: $11,780
Volume 24h: $180
Volatility (ann.): 522%

Cartoon MoneyCBUCKS

$0.005258

24h: +20.96%
Market cap: $4.96M
Volume 24h: $658,093
Volatility (ann.): 1164%

PARASITE 0.2%Share of the two combined market caps99.8% CBUCKS

Performance

PARASITECBUCKS

7 days-13.70%+49.90%CBUCKS
30 days-66.57%+1283.42%CBUCKS

Correlation

0.23over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2390d: 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	PARASITE	CBUCKS
Max drawdown (400d)	-98.2%	-46.1%
Risk-adjusted return (90d)	-0.18	4.74

Relative strength over 90 days: CBUCKS outperformed PARASITE by 99.4% — measured on the PARASITE/CBUCKS ratio, so it holds regardless of market direction.

Parasite →Cartoon Money →