Snake Oil Salesman vs Cartoon Money

Snake Oil Salesman (SOIL) and Cartoon Money (CBUCKS) compared side by side. Over the past 30 days, CBUCKS is ahead by 7394.5 percentage points (SOIL -60.2% against CBUCKS +7334.3%). Their daily returns move barely in opposite directions (correlation -0.14 across 22 shared trading days). CBUCKS has been the more volatile of the two, at 1185% annualised against SOIL's 119%.

Correlation: -0.14
Ahead over 30 days: CBUCKS

Snake Oil Salesman SOIL

$2.755e-5

24h: -9.08%
Market cap: —
Volume 24h: $1,231
Volatility (ann.): 119%

Cartoon MoneyCBUCKS

$0.005258

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

SOIL 0.0%Share of the two combined market caps100.0% CBUCKS

Performance

SOILCBUCKS

7 days-41.19%+126.98%CBUCKS
30 days-60.18%+7334.34%CBUCKS

Correlation

-0.14over 22 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	SOIL	CBUCKS
Max drawdown (400d)	-62.6%	-36.0%
Risk-adjusted return (90d)	-0.53	6.41

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

Snake Oil Salesman →Cartoon Money →