Pepe On Fire vs Ape and Pepe

Ape and Pepe (APEPE) is 8711.8× the size of Pepe On Fire (PFIRE) by market capitalisation. Over the past 30 days, APEPE is ahead by 18.8 percentage points (PFIRE -24.4% against APEPE -5.6%). Their daily returns move barely together (correlation 0.05 across 22 shared trading days). Both have run at a similar volatility, around 89% annualised.

Correlation: 0.05
Size ratio: 1 : 8711.8
Ahead over 30 days: APEPE

Pepe On FirePFIRE

$3.848e-9

24h: —
Market cap: $28,469
Volume 24h: —
Volatility (ann.): 88%

Ape and PepeAPEPE

$1.180e-6

24h: -0.51%
Market cap: $248.01M
Volume 24h: $18.12M
Volatility (ann.): 91%

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

Performance

PFIREAPEPE

7 days-8.14%-7.09%APEPE
30 days-24.37%-5.60%APEPE

Correlation

0.05over 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	PFIRE	APEPE
Max drawdown (400d)	-28.4%	-24.0%
Risk-adjusted return (90d)	-0.26	0.31

Relative strength over 90 days: APEPE outperformed PFIRE by 16.0% — measured on the PFIRE/APEPE ratio, so it holds regardless of market direction.

Pepe On Fire →Ape and Pepe →