Retirement plan vs Cash Cat

Cash Cat (CASHCAT) is 5435.3× the size of Retirement plan (401K) by market capitalisation. Over the past 30 days, 401K is ahead by 21.1 percentage points (401K -23.9% against CASHCAT -44.9%). Their daily returns move loosely together (correlation 0.37 across 24 shared trading days). CASHCAT has been the more volatile of the two, at 263% annualised against 401K's 52%.

Correlation: 0.37
Size ratio: 1 : 5435.3
Ahead over 30 days: 401K

Retirement plan401K

$1.687e-5

24h: -7.63%
Market cap: $16,875
Volume 24h: $42
Volatility (ann.): 52%

Cash CatCASHCAT

$0.092853

24h: -15.33%
Market cap: $91.72M
Volume 24h: $14.27M
Volatility (ann.): 263%

401K 0.0%Share of the two combined market caps100.0% CASHCAT

Performance

401KCASHCAT

7 days-3.84%-1.53%CASHCAT
30 days-23.86%-44.92%401K

Correlation

0.37over 24 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	401K	CASHCAT
Max drawdown (400d)	-30.0%	-70.0%
Risk-adjusted return (90d)	-0.57	-0.09

Relative strength over 90 days: 401K outperformed CASHCAT by 6.0% — measured on the 401K/CASHCAT ratio, so it holds regardless of market direction.

Retirement plan →Cash Cat →