The Original Pepe vs Ape and Pepe

Ape and Pepe (APEPE) is 1170.0× the size of The Original Pepe (PEPE) by market capitalisation. Over the past 30 days, APEPE is ahead by 10.9 percentage points (PEPE -16.5% against APEPE -5.6%). Their daily returns move barely together (correlation 0.10 across 24 shared trading days). Both have run at a similar volatility, around 88% annualised.

Correlation: 0.10
Size ratio: 1 : 1170.0
Ahead over 30 days: APEPE

The Original PepePEPE

$5.6700

24h: +7.66%
Market cap: $211,547
Volume 24h: $171
Volatility (ann.): 84%

Ape and PepeAPEPE

$1.180e-6

24h: -2.08%
Market cap: $247.50M
Volume 24h: $12.72M
Volatility (ann.): 92%

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

Performance

PEPEAPEPE

7 days+3.44%-7.81%PEPE
30 days-16.51%-5.60%APEPE

Correlation

0.10over 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	PEPE	APEPE
Max drawdown (400d)	-32.4%	-24.0%
Risk-adjusted return (90d)	-0.17	0.31

Relative strength over 90 days: APEPE outperformed PEPE by 10.3% — measured on the PEPE/APEPE ratio, so it holds regardless of market direction.

The Original Pepe →Ape and Pepe →