UpSide Down Cat vs Cash Cat

Cash Cat (CASHCAT) is 15953.3× the size of UpSide Down Cat (USDC) by market capitalisation. Over the past 30 days, CASHCAT is ahead by 10.7 percentage points (USDC -47.4% against CASHCAT -36.7%). Their daily returns move barely together (correlation 0.04 across 23 shared trading days). USDC has been the more volatile of the two, at 5947% annualised against CASHCAT's 261%.

Correlation: 0.04
Size ratio: 1 : 15953.3
Ahead over 30 days: CASHCAT

UpSide Down CatUSDC

$6.560e-6

24h: +3.27%
Market cap: $6,442
Volume 24h: $5
Volatility (ann.): 5947%

Cash CatCASHCAT

$0.104042

24h: -3.00%
Market cap: $102.76M
Volume 24h: $10.17M
Volatility (ann.): 261%

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

Performance

USDCCASHCAT

7 days-12.70%+3.53%CASHCAT
30 days-47.36%-36.68%CASHCAT

Correlation

0.04over 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	USDC	CASHCAT
Max drawdown (400d)	-95.8%	-69.6%
Risk-adjusted return (90d)	-0.01	-0.03

Relative strength over 90 days: CASHCAT outperformed USDC by 29.9% — measured on the USDC/CASHCAT ratio, so it holds regardless of market direction.

UpSide Down Cat →Cash Cat →