Solcat vs cat in a dogs world

cat in a dogs world (MEW) is 613.8× the size of Solcat (SOLCAT) by market capitalisation. Over the past 30 days, MEW is ahead by 93.7 percentage points (SOLCAT -99.6% against MEW -5.9%). Their daily returns move barely together (correlation 0.08 across 26 shared trading days). SOLCAT has been the more volatile of the two, at 1173% annualised against MEW's 98%.

Correlation: 0.08
Size ratio: 1 : 613.8
Ahead over 30 days: MEW

SolcatSOLCAT

$5.304e-5

24h: +18.14%
Market cap: $52,478
Volume 24h: $2,901
Volatility (ann.): 1173%

cat in a dogs worldMEW

$0.000362

24h: -4.99%
Market cap: $32.21M
Volume 24h: $3.12M
Volatility (ann.): 98%

SOLCAT 0.2%Share of the two combined market caps99.8% MEW

Performance

SOLCATMEW

7 days-97.63%-12.91%MEW
30 days-99.60%-5.88%MEW

Correlation

0.08over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0890d: 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	SOLCAT	MEW
Max drawdown (400d)	-99.8%	-24.8%
Risk-adjusted return (90d)	-0.09	-0.09

Relative strength over 90 days: MEW outperformed SOLCAT by 99.7% — measured on the SOLCAT/MEW ratio, so it holds regardless of market direction.

Solcat →cat in a dogs world →