Potatchi vs Cash Cat

Cash Cat (CASHCAT) is 146.8× the size of Potatchi (POTATCHI) by market capitalisation. Over the past 30 days, POTATCHI is ahead by 199.3 percentage points (POTATCHI +134.8% against CASHCAT -64.5%). Their daily returns move barely together (correlation 0.01 across 29 shared trading days). POTATCHI has been the more volatile of the two, at 414% annualised against CASHCAT's 260%.

Correlation: 0.01
Size ratio: 1 : 146.8
Ahead over 30 days: POTATCHI

PotatchiPOTATCHI

$0.000526

24h: -2.85%
Market cap: $408,942
Volume 24h: $25,077
Volatility (ann.): 414%

Cash CatCASHCAT

$0.060791

24h: -8.72%
Market cap: $60.04M
Volume 24h: $10.93M
Volatility (ann.): 260%

POTATCHI 0.7%Share of the two combined market caps99.3% CASHCAT

Performance

POTATCHICASHCAT

7 days-15.81%-44.63%POTATCHI
30 days+134.83%-64.52%POTATCHI

Correlation

0.01over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0190d: 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	POTATCHI	CASHCAT
Max drawdown (400d)	-75.5%	-79.8%
Risk-adjusted return (90d)	0.14	-0.19

Relative strength over 90 days: POTATCHI outperformed CASHCAT by 382.6% — measured on the POTATCHI/CASHCAT ratio, so it holds regardless of market direction.

Potatchi →Cash Cat →