Stoxes vs Cartoon Money

Cartoon Money (CBUCKS) is 406.1× the size of Stoxes (STOXES) by market capitalisation. Over the past 30 days, CBUCKS is ahead by 1355.2 percentage points (STOXES -71.8% against CBUCKS +1283.4%). Their daily returns move barely together (correlation 0.03 across 35 shared trading days). CBUCKS has been the more volatile of the two, at 1164% annualised against STOXES's 626%.

Correlation: 0.03
Size ratio: 1 : 406.1
Ahead over 30 days: CBUCKS

StoxesSTOXES

$2.812e-5

24h: -4.77%
Market cap: $12,206
Volume 24h: $1,362
Volatility (ann.): 626%

Cartoon MoneyCBUCKS

$0.005258

24h: +20.96%
Market cap: $4.96M
Volume 24h: $658,093
Volatility (ann.): 1164%

STOXES 0.2%Share of the two combined market caps99.8% CBUCKS

Performance

STOXESCBUCKS

7 days-61.58%+49.90%CBUCKS
30 days-71.82%+1283.42%CBUCKS

Correlation

0.03over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0690d: 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	STOXES	CBUCKS
Max drawdown (400d)	-90.7%	-46.1%
Risk-adjusted return (90d)	-0.12	4.74

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

Stoxes →Cartoon Money →