PEPE 0x69 ON BASE vs Ape and Pepe

Ape and Pepe (APEPE) is 1356.7× the size of PEPE 0x69 ON BASE (PEPE) by market capitalisation. Over the past 30 days, APEPE is ahead by 13.2 percentage points (PEPE -18.8% against APEPE -5.6%). Their daily returns move barely together (correlation 0.34 across 27 shared trading days). PEPE has been the more volatile of the two, at 111% annualised against APEPE's 92%.

Correlation: 0.34
Size ratio: 1 : 1356.7
Ahead over 30 days: APEPE

PEPE 0x69 ON BASEPEPE

$4.347e-10

24h: +13.63%
Market cap: $182,874
Volume 24h: $27,719
Volatility (ann.): 111%

Ape and PepeAPEPE

$1.180e-6

24h: -1.47%
Market cap: $248.10M
Volume 24h: $13.91M
Volatility (ann.): 92%

PEPE 0.1%Share of the two combined market caps99.9% APEPE

Performance

PEPEAPEPE

7 days-1.32%-7.81%PEPE
30 days-18.84%-5.60%APEPE

Correlation

0.34over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3490d: 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	PEPE	APEPE
Max drawdown (400d)	-41.5%	-24.0%
Risk-adjusted return (90d)	-0.09	0.31

Relative strength over 90 days: APEPE outperformed PEPE by 21.9% — measured on the PEPE/APEPE ratio, so it holds regardless of market direction.

PEPE 0x69 ON BASE →Ape and Pepe →