PepeMusk vs Ape and Pepe

Ape and Pepe (APEPE) is 1003.4× the size of PepeMusk (PEPEMUSK) by market capitalisation. Over the past 30 days, APEPE is ahead by 4.2 percentage points (PEPEMUSK -9.8% against APEPE -5.6%). Their daily returns move loosely together (correlation 0.37 across 24 shared trading days). APEPE has been the more volatile of the two, at 92% annualised against PEPEMUSK's 42%.

Correlation: 0.37
Size ratio: 1 : 1003.4
Ahead over 30 days: APEPE

PepeMuskPEPEMUSK

$0.000246

24h: +2.23%
Market cap: $246,217
Volume 24h: $557
Volatility (ann.): 42%

Ape and PepeAPEPE

$1.180e-6

24h: -1.35%
Market cap: $247.06M
Volume 24h: $16.68M
Volatility (ann.): 92%

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

Performance

PEPEMUSKAPEPE

7 days-5.05%-7.81%PEPEMUSK
30 days-9.84%-5.60%APEPE

Correlation

0.37over 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	PEPEMUSK	APEPE
Max drawdown (400d)	-14.7%	-24.0%
Risk-adjusted return (90d)	-0.19	0.31

Relative strength over 90 days: APEPE outperformed PEPEMUSK by 5.8% — measured on the PEPEMUSK/APEPE ratio, so it holds regardless of market direction.

PepeMusk →Ape and Pepe →