Starecat vs Cash Cat

Cash Cat (CASHCAT) is 12471.5× the size of Starecat (HELIA) by market capitalisation. Over the past 30 days, HELIA is ahead by 24.1 percentage points (HELIA -12.6% against CASHCAT -36.7%). Their daily returns move barely together (correlation 0.10 across 20 shared trading days). CASHCAT has been the more volatile of the two, at 261% annualised against HELIA's 47%.

Correlation: 0.10
Size ratio: 1 : 12471.5
Ahead over 30 days: HELIA

StarecatHELIA

$7.260e-6

24h: —
Market cap: $7,264
Volume 24h: $13
Volatility (ann.): 47%

Cash CatCASHCAT

$0.091720

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

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

Performance

HELIACASHCAT

7 days+5.52%+3.53%HELIA
30 days-12.60%-36.68%HELIA

Correlation

0.10over 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	HELIA	CASHCAT
Max drawdown (400d)	-20.6%	-69.6%
Risk-adjusted return (90d)	-0.30	-0.03

Relative strength over 90 days: HELIA outperformed CASHCAT by 1.4% — measured on the HELIA/CASHCAT ratio, so it holds regardless of market direction.

Starecat →Cash Cat →