Solcat vs catwifhat

catwifhat ($CWIF) is 310.2× the size of Solcat (SOLCAT) by market capitalisation. Over the past 30 days, $CWIF is ahead by 56.8 percentage points (SOLCAT -99.6% against $CWIF -42.8%). Their daily returns move barely together (correlation 0.10 across 28 shared trading days). SOLCAT has been the more volatile of the two, at 1173% annualised against $CWIF's 131%.

Correlation: 0.10
Size ratio: 1 : 310.2
Ahead over 30 days: $CWIF

SolcatSOLCAT

$5.304e-5

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

catwifhat$CWIF

$1.628e-8

24h: +3.21%
Market cap: $16.28M
Volume 24h: $307
Volatility (ann.): 131%

SOLCAT 0.3%Share of the two combined market caps99.7% $CWIF

Performance

SOLCAT$CWIF

7 days-97.63%-33.42%$CWIF
30 days-99.60%-42.77%$CWIF

Correlation

0.10over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1090d: 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	$CWIF
Max drawdown (400d)	-99.8%	-49.5%
Risk-adjusted return (90d)	-0.09	-0.33

Relative strength over 90 days: $CWIF outperformed SOLCAT by 99.5% — measured on the SOLCAT/$CWIF ratio, so it holds regardless of market direction.

Solcat →catwifhat →