what the dog doing? vs cat in a dogs world

cat in a dogs world (MEW) is 189.6× the size of what the dog doing? (我的刀盾) by market capitalisation. Over the past 30 days, MEW is ahead by 92.2 percentage points (我的刀盾 -98.1% against MEW -5.9%). Their daily returns move loosely together (correlation 0.41 across 28 shared trading days). 我的刀盾 has been the more volatile of the two, at 402% annualised against MEW's 98%.

Correlation: 0.41
Size ratio: 1 : 189.6
Ahead over 30 days: MEW

what the dog doing?我的刀盾

$0.000170

24h: +9.02%
Market cap: $169,865
Volume 24h: $28,172
Volatility (ann.): 402%

cat in a dogs worldMEW

$0.000362

24h: -4.99%
Market cap: $32.21M
Volume 24h: $3.12M
Volatility (ann.): 98%

我的刀盾 0.5%Share of the two combined market caps99.5% MEW

Performance

我的刀盾MEW

7 days-98.25%-12.91%MEW
30 days-98.07%-5.88%MEW

Correlation

0.41over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4190d: 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	我的刀盾	MEW
Max drawdown (400d)	-98.5%	-24.8%
Risk-adjusted return (90d)	-0.24	-0.09

Relative strength over 90 days: MEW outperformed 我的刀盾 by 98.4% — measured on the 我的刀盾/MEW ratio, so it holds regardless of market direction.

what the dog doing? →cat in a dogs world →