rwog vs Ape and Pepe

Ape and Pepe (APEPE) is 37946.5× the size of rwog (RWOG) by market capitalisation. Over the past 30 days, APEPE is ahead by 50.2 percentage points (RWOG -55.8% against APEPE -5.6%). Their daily returns move barely in opposite directions (correlation -0.03 across 23 shared trading days). RWOG has been the more volatile of the two, at 117% annualised against APEPE's 92%.

Correlation: -0.03
Size ratio: 1 : 37946.5
Ahead over 30 days: APEPE

rwogRWOG

$6.510e-6

24h: —
Market cap: $6,507
Volume 24h: —
Volatility (ann.): 117%

Ape and PepeAPEPE

$1.180e-6

24h: -0.75%
Market cap: $246.90M
Volume 24h: $17.98M
Volatility (ann.): 92%

RWOG 0.0%Share of the two combined market caps100.0% APEPE

Performance

RWOGAPEPE

7 days+2.31%-7.81%RWOG
30 days-55.76%-5.60%APEPE

Correlation

-0.03over 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	RWOG	APEPE
Max drawdown (400d)	-59.4%	-24.0%
Risk-adjusted return (90d)	-0.46	0.31

Relative strength over 90 days: APEPE outperformed RWOG by 55.0% — measured on the RWOG/APEPE ratio, so it holds regardless of market direction.

rwog →Ape and Pepe →