Wall Street Pepe vs Ape and Pepe

Ape and Pepe (APEPE) is 241.7× the size of Wall Street Pepe (WEPE) by market capitalisation. Over the past 30 days, APEPE is ahead by 4.4 percentage points (WEPE -13.5% against APEPE -9.1%). Their daily returns move loosely together (correlation 0.38 across 28 shared trading days). APEPE has been the more volatile of the two, at 92% annualised against WEPE's 79%.

Correlation: 0.38
Size ratio: 1 : 241.7
Ahead over 30 days: APEPE

Wall Street PepeWEPE

$5.350e-6

24h: +0.06%
Market cap: $1.04M
Volume 24h: $24,583
Volatility (ann.): 79%

Ape and PepeAPEPE

$1.200e-6

24h: -0.69%
Market cap: $251.75M
Volume 24h: $12.22M
Volatility (ann.): 92%

WEPE 0.4%Share of the two combined market caps99.6% APEPE

Performance

WEPEAPEPE

7 days-3.03%-0.83%APEPE
30 days-13.51%-9.09%APEPE

Correlation

0.38over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3890d: 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	WEPE	APEPE
Max drawdown (400d)	-26.7%	-24.0%
Risk-adjusted return (90d)	-0.17	0.33

Relative strength over 90 days: APEPE outperformed WEPE by 22.9% — measured on the WEPE/APEPE ratio, so it holds regardless of market direction.

Wall Street Pepe →Ape and Pepe →