Raydium Cat vs catwifhat

catwifhat ($CWIF) is 50.0× the size of Raydium Cat (RAYCAT) by market capitalisation. Over the past 30 days, $CWIF is ahead by 26.1 percentage points (RAYCAT -75.6% against $CWIF -49.5%). Their daily returns move barely together (correlation 0.14 across 30 shared trading days). RAYCAT has been the more volatile of the two, at 888% annualised against $CWIF's 126%.

Correlation: 0.14
Size ratio: 1 : 50.0
Ahead over 30 days: $CWIF

Raydium CatRAYCAT

$0.000328

24h: -1.00%
Market cap: $315,776
Volume 24h: $10,214
Volatility (ann.): 888%

catwifhat$CWIF

$1.578e-8

24h: +0.21%
Market cap: $15.78M
Volume 24h: $653
Volatility (ann.): 126%

RAYCAT 2.0%Share of the two combined market caps98.0% $CWIF

Performance

RAYCAT$CWIF

7 days-31.86%-41.00%RAYCAT
30 days-75.60%-49.47%$CWIF

Correlation

0.14over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1490d: 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	RAYCAT	$CWIF
Max drawdown (400d)	-97.2%	-49.5%
Risk-adjusted return (90d)	-0.09	-0.39

Relative strength over 90 days: $CWIF outperformed RAYCAT by 65.5% — measured on the RAYCAT/$CWIF ratio, so it holds regardless of market direction.

Raydium Cat →catwifhat →