TheCat vs Cash Cat

Cash Cat (CASHCAT) is 410.4× the size of TheCat (THECAT) by market capitalisation. Over the past 30 days, THECAT is ahead by 15.2 percentage points (THECAT -21.4% against CASHCAT -36.7%). Their daily returns move barely in opposite directions (correlation -0.03 across 23 shared trading days). CASHCAT has been the more volatile of the two, at 261% annualised against THECAT's 48%.

Correlation: -0.03
Size ratio: 1 : 410.4
Ahead over 30 days: THECAT

TheCatTHECAT

$0.000324

24h: +4.44%
Market cap: $255,680
Volume 24h: $2
Volatility (ann.): 48%

Cash CatCASHCAT

$0.106180

24h: -6.61%
Market cap: $104.92M
Volume 24h: $13.99M
Volatility (ann.): 261%

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

Performance

THECATCASHCAT

7 days-6.17%+3.53%CASHCAT
30 days-21.45%-36.68%THECAT

Correlation

-0.03over 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	THECAT	CASHCAT
Max drawdown (400d)	-24.4%	-69.6%
Risk-adjusted return (90d)	-0.43	-0.03

Relative strength over 90 days: CASHCAT outperformed THECAT by 7.3% — measured on the THECAT/CASHCAT ratio, so it holds regardless of market direction.

TheCat →Cash Cat →