Shiro Neko vs Cash Cat

Cash Cat (CASHCAT) is 330.7× the size of Shiro Neko (SHIRO) by market capitalisation. Over the past 30 days, CASHCAT is ahead by 9.8 percentage points (SHIRO -45.1% against CASHCAT -35.3%). Their daily returns move loosely together (correlation 0.50 across 27 shared trading days). CASHCAT has been the more volatile of the two, at 264% annualised against SHIRO's 205%.

Correlation: 0.50
Size ratio: 1 : 330.7
Ahead over 30 days: CASHCAT

Shiro NekoSHIRO

$4.299e-10

24h: +9.25%
Market cap: $330,049
Volume 24h: $16,365
Volatility (ann.): 205%

Cash CatCASHCAT

$0.110490

24h: +5.72%
Market cap: $109.14M
Volume 24h: $16.96M
Volatility (ann.): 264%

SHIRO 0.3%Share of the two combined market caps99.7% CASHCAT

Performance

SHIROCASHCAT

7 days-53.67%+8.81%CASHCAT
30 days-45.09%-35.26%CASHCAT

Correlation

0.50over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5090d: 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	SHIRO	CASHCAT
Max drawdown (400d)	-59.0%	-69.6%
Risk-adjusted return (90d)	-0.27	-0.02

Relative strength over 90 days: CASHCAT outperformed SHIRO by 13.2% — measured on the SHIRO/CASHCAT ratio, so it holds regardless of market direction.

Shiro Neko →Cash Cat →