UpSide Down Cat vs Toshi

Toshi (TOSHI) is 6851.9× the size of UpSide Down Cat (USDC) by market capitalisation. Over the past 30 days, TOSHI is ahead by 39.4 percentage points (USDC -47.4% against TOSHI -8.0%). Their daily returns move barely together (correlation 0.16 across 20 shared trading days). USDC has been the more volatile of the two, at 5947% annualised against TOSHI's 82%.

Correlation: 0.16
Size ratio: 1 : 6851.9
Ahead over 30 days: TOSHI

UpSide Down CatUSDC

$6.560e-6

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

ToshiTOSHI

$0.000105

24h: +1.29%
Market cap: $44.14M
Volume 24h: $2.34M
Volatility (ann.): 82%

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

Performance

USDCTOSHI

7 days-12.70%-4.43%TOSHI
30 days-47.36%-8.00%TOSHI

Correlation

0.16over 20 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	TOSHI
Max drawdown (400d)	-95.8%	-24.2%
Risk-adjusted return (90d)	-0.01	-0.08

Relative strength over 90 days: USDC outperformed TOSHI by 485.0% — measured on the USDC/TOSHI ratio, so it holds regardless of market direction.

UpSide Down Cat →Toshi →