Quantum Cat vs Cash Cat

Cash Cat (CASHCAT) is 24443.4× the size of Quantum Cat (QCAT) by market capitalisation. Over the past 30 days, CASHCAT is ahead by 25.7 percentage points (QCAT -62.4% against CASHCAT -36.7%). Their daily returns move barely together (correlation 0.23 across 23 shared trading days). QCAT has been the more volatile of the two, at 13028% annualised against CASHCAT's 261%.

Correlation: 0.23
Size ratio: 1 : 24443.4
Ahead over 30 days: CASHCAT

Quantum CatQCAT

$4.240e-6

24h: —
Market cap: $4,169
Volume 24h: $20
Volatility (ann.): 13028%

Cash CatCASHCAT

$0.103161

24h: -3.20%
Market cap: $101.89M
Volume 24h: $10.08M
Volatility (ann.): 261%

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

Performance

QCATCASHCAT

7 days+76.84%+3.53%QCAT
30 days-62.36%-36.68%CASHCAT

Correlation

0.23over 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	QCAT	CASHCAT
Max drawdown (400d)	-99.7%	-69.6%
Risk-adjusted return (90d)	-0.01	-0.03

Relative strength over 90 days: QCAT outperformed CASHCAT by 6975.8% — measured on the QCAT/CASHCAT ratio, so it holds regardless of market direction.

Quantum Cat →Cash Cat →