Sapling vs Cartoon Money

Cartoon Money (CBUCKS) is 3.6× the size of Sapling (SAPLING) by market capitalisation. Over the past 30 days, CBUCKS is ahead by 7356.8 percentage points (SAPLING -22.4% against CBUCKS +7334.3%). Their daily returns move barely in opposite directions (correlation -0.10 across 33 shared trading days). SAPLING has been the more volatile of the two, at 5228% annualised against CBUCKS's 1185%.

Correlation: -0.10
Size ratio: 1 : 3.6
Ahead over 30 days: CBUCKS

SaplingSAPLING

$0.001804

24h: -37.72%
Market cap: $1.38M
Volume 24h: $303,704
Volatility (ann.): 5228%

Cartoon MoneyCBUCKS

$0.005258

24h: +20.96%
Market cap: $4.96M
Volume 24h: $658,093
Volatility (ann.): 1185%

SAPLING 21.7%Share of the two combined market caps78.3% CBUCKS

Performance

SAPLINGCBUCKS

7 days-44.66%+126.98%CBUCKS
30 days-22.44%+7334.34%CBUCKS

Correlation

-0.10over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1290d: 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	SAPLING	CBUCKS
Max drawdown (400d)	-73.6%	-36.0%
Risk-adjusted return (90d)	0.20	6.41

Relative strength over 90 days: CBUCKS outperformed SAPLING by 99.4% — measured on the SAPLING/CBUCKS ratio, so it holds regardless of market direction.

Sapling →Cartoon Money →