Ponie vs Cash Cat

Cash Cat (CASHCAT) is 6572.6× the size of Ponie (PONIE) by market capitalisation. Over the past 30 days, CASHCAT is ahead by 30.1 percentage points (PONIE -75.0% against CASHCAT -44.9%). Their daily returns move barely in opposite directions (correlation -0.32 across 23 shared trading days). PONIE has been the more volatile of the two, at 780% annualised against CASHCAT's 263%.

Correlation: -0.32
Size ratio: 1 : 6572.6
Ahead over 30 days: CASHCAT

PoniePONIE

$1.378e-5

24h: —
Market cap: $13,781
Volume 24h: —
Volatility (ann.): 780%

Cash CatCASHCAT

$0.091706

24h: -0.79%
Market cap: $90.58M
Volume 24h: $8.61M
Volatility (ann.): 263%

PONIE 0.0%Share of the two combined market caps100.0% CASHCAT

Performance

PONIECASHCAT

7 days+1.41%-1.53%PONIE
30 days-75.01%-44.92%CASHCAT

Correlation

-0.32over 23 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	PONIE	CASHCAT
Max drawdown (400d)	-89.7%	-70.0%
Risk-adjusted return (90d)	-0.10	-0.09

Relative strength over 90 days: CASHCAT outperformed PONIE by 51.5% — measured on the PONIE/CASHCAT ratio, so it holds regardless of market direction.

Ponie →Cash Cat →