Turbo on Robinhood vs Cash Cat

Cash Cat (CASHCAT) is 5663.5× the size of Turbo on Robinhood (TURBO) by market capitalisation. Over the past 30 days, TURBO is ahead by 27.9 percentage points (TURBO -8.7% against CASHCAT -36.7%). Their daily returns move barely in opposite directions (correlation -0.10 across 22 shared trading days). CASHCAT has been the more volatile of the two, at 261% annualised against TURBO's 95%.

Correlation: -0.10
Size ratio: 1 : 5663.5
Ahead over 30 days: TURBO

Turbo on RobinhoodTURBO

$1.594e-5

24h: —
Market cap: $15,937
Volume 24h: $1
Volatility (ann.): 95%

Cash CatCASHCAT

$0.091386

24h: -16.73%
Market cap: $90.26M
Volume 24h: $13.83M
Volatility (ann.): 261%

TURBO 0.0%Share of the two combined market caps100.0% CASHCAT

Performance

TURBOCASHCAT

7 days-2.87%+3.53%CASHCAT
30 days-8.74%-36.68%TURBO

Correlation

-0.10over 22 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	TURBO	CASHCAT
Max drawdown (400d)	-24.6%	-69.6%
Risk-adjusted return (90d)	-0.09	-0.03

Relative strength over 90 days: TURBO outperformed CASHCAT by 19.4% — measured on the TURBO/CASHCAT ratio, so it holds regardless of market direction.

Turbo on Robinhood →Cash Cat →