PerpsHood vs Cash Cat

Cash Cat (CASHCAT) is 1041.4× the size of PerpsHood (PERPSHOOD) by market capitalisation. Over the past 30 days, CASHCAT is ahead by 59.2 percentage points (PERPSHOOD -94.5% against CASHCAT -35.3%). Their daily returns move barely in opposite directions (correlation -0.13 across 29 shared trading days). PERPSHOOD has been the more volatile of the two, at 2471% annualised against CASHCAT's 264%.

Correlation: -0.13
Size ratio: 1 : 1041.4
Ahead over 30 days: CASHCAT

PerpsHoodPERPSHOOD

$0.000103

24h: -37.76%
Market cap: $101,655
Volume 24h: $8,178
Volatility (ann.): 2471%

Cash CatCASHCAT

$0.107182

24h: -1.33%
Market cap: $105.86M
Volume 24h: $16.24M
Volatility (ann.): 264%

PERPSHOOD 0.1%Share of the two combined market caps99.9% CASHCAT

Performance

PERPSHOODCASHCAT

7 days-38.00%+8.81%CASHCAT
30 days-94.48%-35.26%CASHCAT

Correlation

-0.13over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1390d: 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	PERPSHOOD	CASHCAT
Max drawdown (400d)	-97.4%	-69.6%
Risk-adjusted return (90d)	-0.03	-0.02

Relative strength over 90 days: CASHCAT outperformed PERPSHOOD by 32.6% — measured on the PERPSHOOD/CASHCAT ratio, so it holds regardless of market direction.

PerpsHood →Cash Cat →