SofaCat vs Cash Cat

Cash Cat (CASHCAT) is 8508.1× the size of SofaCat (SOFAC) by market capitalisation. Over the past 30 days, SOFAC is ahead by 14.1 percentage points (SOFAC -22.6% against CASHCAT -36.7%). Their daily returns move barely in opposite directions (correlation -0.02 across 20 shared trading days). CASHCAT has been the more volatile of the two, at 261% annualised against SOFAC's 44%.

Correlation: -0.02
Size ratio: 1 : 8508.1
Ahead over 30 days: SOFAC

SofaCatSOFAC

$0.000108

24h: —
Market cap: $10,648
Volume 24h: —
Volatility (ann.): 44%

Cash CatCASHCAT

$0.091720

24h: -16.16%
Market cap: $90.59M
Volume 24h: $12.72M
Volatility (ann.): 261%

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

Performance

SOFACCASHCAT

7 days-7.01%+3.53%CASHCAT
30 days-22.58%-36.68%SOFAC

Correlation

-0.02over 20 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	SOFAC	CASHCAT
Max drawdown (400d)	-23.5%	-69.6%
Risk-adjusted return (90d)	-0.50	-0.03

Relative strength over 90 days: CASHCAT outperformed SOFAC by 3.8% — measured on the SOFAC/CASHCAT ratio, so it holds regardless of market direction.

SofaCat →Cash Cat →