Stonks vs cat in a dogs world

cat in a dogs world (MEW) is 13.4× the size of Stonks (STNK) by market capitalisation. Over the past 30 days, MEW is ahead by 1.1 percentage points (STNK -6.1% against MEW -4.9%). Their daily returns move barely together (correlation 0.21 across 36 shared trading days). STNK has been the more volatile of the two, at 283% annualised against MEW's 99%.

Correlation: 0.21
Size ratio: 1 : 13.4
Ahead over 30 days: MEW

StonksSTNK

$4.2800

24h: +1.33%
Market cap: $2.49M
Volume 24h: $2,171
Volatility (ann.): 283%

cat in a dogs worldMEW

$0.000374

24h: -2.55%
Market cap: $33.26M
Volume 24h: $3.39M
Volatility (ann.): 99%

STNK 7.0%Share of the two combined market caps93.0% MEW

Performance

STNKMEW

7 days-7.68%-11.24%STNK
30 days-6.07%-4.93%MEW

Correlation

0.21over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2390d: 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	STNK	MEW
Max drawdown (400d)	-55.6%	-24.8%
Risk-adjusted return (90d)	-0.10	-0.09

Relative strength over 90 days: MEW outperformed STNK by 19.0% — measured on the STNK/MEW ratio, so it holds regardless of market direction.

Stonks →cat in a dogs world →