Pepecoin vs Ape and Pepe

Ape and Pepe (APEPE) is 29.2× the size of Pepecoin (PEP) by market capitalisation. Over the past 30 days, APEPE is ahead by 32.8 percentage points (PEP -41.9% against APEPE -9.1%). Their daily returns move barely together (correlation 0.25 across 22 shared trading days). PEP has been the more volatile of the two, at 269% annualised against APEPE's 92%.

Correlation: 0.25
Size ratio: 1 : 29.2
Ahead over 30 days: APEPE

PepecoinPEP

$8.374e-5

24h: +1.70%
Market cap: $8.60M
Volume 24h: $88,729
Volatility (ann.): 269%

Ape and PepeAPEPE

$1.190e-6

24h: -0.92%
Market cap: $250.90M
Volume 24h: $12.16M
Volatility (ann.): 92%

PEP 3.3%Share of the two combined market caps96.7% APEPE

Performance

PEPAPEPE

7 days-2.46%-0.83%APEPE
30 days-41.93%-9.09%APEPE

Correlation

0.25over 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	PEP	APEPE
Max drawdown (400d)	-45.3%	-24.0%
Risk-adjusted return (90d)	-0.16	0.33

Relative strength over 90 days: APEPE outperformed PEP by 50.3% — measured on the PEP/APEPE ratio, so it holds regardless of market direction.

Pepecoin →Ape and Pepe →