Robinhood Asteroid vs Cash Cat

Cash Cat (CASHCAT) is 8823.3× the size of Robinhood Asteroid (18932) by market capitalisation. Over the past 30 days, CASHCAT is ahead by 26.2 percentage points (18932 -62.9% against CASHCAT -36.7%). Their daily returns move barely in opposite directions (correlation -0.10 across 23 shared trading days). Both have run at a similar volatility, around 255% annualised.

Correlation: -0.10
Size ratio: 1 : 8823.3
Ahead over 30 days: CASHCAT

Robinhood Asteroid18932

$1.126e-5

24h: -2.19%
Market cap: $11,256
Volume 24h: $27
Volatility (ann.): 248%

Cash CatCASHCAT

$0.100548

24h: -8.96%
Market cap: $99.31M
Volume 24h: $9.91M
Volatility (ann.): 261%

18932 0.0%Share of the two combined market caps100.0% CASHCAT

Performance

18932CASHCAT

7 days-23.70%+3.53%CASHCAT
30 days-62.85%-36.68%CASHCAT

Correlation

-0.10over 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	18932	CASHCAT
Max drawdown (400d)	-76.6%	-69.6%
Risk-adjusted return (90d)	-0.31	-0.03

Relative strength over 90 days: CASHCAT outperformed 18932 by 49.5% — measured on the 18932/CASHCAT ratio, so it holds regardless of market direction.

Robinhood Asteroid →Cash Cat →