PONGO vs Cash Cat

Cash Cat (CASHCAT) is 547.3× the size of PONGO (PONGO) by market capitalisation. Over the past 30 days, CASHCAT is ahead by 49.1 percentage points (PONGO -84.4% against CASHCAT -35.3%). Their daily returns move loosely together (correlation 0.49 across 25 shared trading days). PONGO has been the more volatile of the two, at 526% annualised against CASHCAT's 264%.

Correlation: 0.49
Size ratio: 1 : 547.3
Ahead over 30 days: CASHCAT

PONGOPONGO

$0.000195

24h: -0.94%
Market cap: $194,757
Volume 24h: $12,857
Volatility (ann.): 526%

Cash CatCASHCAT

$0.107846

24h: -0.43%
Market cap: $106.59M
Volume 24h: $16.39M
Volatility (ann.): 264%

PONGO 0.2%Share of the two combined market caps99.8% CASHCAT

Performance

PONGOCASHCAT

7 days-55.38%+8.81%CASHCAT
30 days-84.40%-35.26%CASHCAT

Correlation

0.49over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4990d: 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	PONGO	CASHCAT
Max drawdown (400d)	-90.4%	-69.6%
Risk-adjusted return (90d)	-0.16	-0.02

Relative strength over 90 days: CASHCAT outperformed PONGO by 68.0% — measured on the PONGO/CASHCAT ratio, so it holds regardless of market direction.

PONGO →Cash Cat →