Tsuki vs cat in a dogs world

cat in a dogs world (MEW) is 12.1× the size of Tsuki (TSUKI) by market capitalisation. Over the past 30 days, TSUKI is ahead by 26.1 percentage points (TSUKI +21.2% against MEW -4.9%). Their daily returns move barely together (correlation 0.23 across 27 shared trading days). TSUKI has been the more volatile of the two, at 493% annualised against MEW's 99%.

Correlation: 0.23
Size ratio: 1 : 12.1
Ahead over 30 days: TSUKI

TsukiTSUKI

$0.002898

24h: +1.27%
Market cap: $2.75M
Volume 24h: $37,786
Volatility (ann.): 493%

cat in a dogs worldMEW

$0.000375

24h: -2.74%
Market cap: $33.30M
Volume 24h: $3.21M
Volatility (ann.): 99%

TSUKI 7.6%Share of the two combined market caps92.4% MEW

Performance

TSUKIMEW

7 days-17.43%-11.24%MEW
30 days+21.15%-4.93%TSUKI

Correlation

0.23over 27 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	TSUKI	MEW
Max drawdown (400d)	-75.0%	-24.8%
Risk-adjusted return (90d)	0.04	-0.09

Relative strength over 90 days: TSUKI outperformed MEW by 15.1% — measured on the TSUKI/MEW ratio, so it holds regardless of market direction.

Tsuki →cat in a dogs world →