The Lighter Liger vs Cash Cat

Cash Cat (CASHCAT) is 652.1× the size of The Lighter Liger (LIGER) by market capitalisation. Over the past 30 days, CASHCAT is ahead by 40.1 percentage points (LIGER -76.7% against CASHCAT -36.7%). Their daily returns move barely together (correlation 0.35 across 23 shared trading days). LIGER has been the more volatile of the two, at 555% annualised against CASHCAT's 261%.

Correlation: 0.35
Size ratio: 1 : 652.1
Ahead over 30 days: CASHCAT

The Lighter LigerLIGER

$0.000199

24h: +25.41%
Market cap: $167,004
Volume 24h: $3,412
Volatility (ann.): 555%

Cash CatCASHCAT

$0.110252

24h: +6.00%
Market cap: $108.90M
Volume 24h: $16.67M
Volatility (ann.): 261%

LIGER 0.2%Share of the two combined market caps99.8% CASHCAT

Performance

LIGERCASHCAT

7 days+1.11%+3.53%CASHCAT
30 days-76.74%-36.68%CASHCAT

Correlation

0.35over 23 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	LIGER	CASHCAT
Max drawdown (400d)	-86.1%	-69.6%
Risk-adjusted return (90d)	-0.14	-0.03

Relative strength over 90 days: CASHCAT outperformed LIGER by 56.4% — measured on the LIGER/CASHCAT ratio, so it holds regardless of market direction.

The Lighter Liger →Cash Cat →