Pepe on SOL vs Ape and Pepe

Ape and Pepe (APEPE) is 398.2× the size of Pepe on SOL (PEPE) by market capitalisation. Over the past 30 days, PEPE is ahead by 0.1 percentage points (PEPE -5.5% against APEPE -5.6%). Their daily returns move barely together (correlation 0.29 across 29 shared trading days). PEPE has been the more volatile of the two, at 370% annualised against APEPE's 92%.

Correlation: 0.29
Size ratio: 1 : 398.2
Ahead over 30 days: PEPE

Pepe on SOLPEPE

$0.000624

24h: +4.08%
Market cap: $623,503
Volume 24h: $4,938
Volatility (ann.): 370%

Ape and PepeAPEPE

$1.180e-6

24h: -1.84%
Market cap: $248.31M
Volume 24h: $12.69M
Volatility (ann.): 92%

PEPE 0.3%Share of the two combined market caps99.7% APEPE

Performance

PEPEAPEPE

7 days-28.40%-7.81%APEPE
30 days-5.46%-5.60%PEPE

Correlation

0.29over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2990d: 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)	-68.5%	-24.0%
Risk-adjusted return (90d)	0.04	0.31

Relative strength over 90 days: PEPE outperformed APEPE by 5.4% — measured on the PEPE/APEPE ratio, so it holds regardless of market direction.

Pepe on SOL →Ape and Pepe →