Young Peezy AKA Pepe vs SPX6900

SPX6900 (SPX) is 1089.4× the size of Young Peezy AKA Pepe (PEEZY) by market capitalisation. Over the past 30 days, PEEZY is ahead by 14.7 percentage points (PEEZY -7.8% against SPX -22.5%). Their daily returns move barely in opposite directions (correlation -0.02 across 22 shared trading days). SPX has been the more volatile of the two, at 112% annualised against PEEZY's 59%.

Correlation: -0.02
Size ratio: 1 : 1089.4
Ahead over 30 days: PEEZY

Young Peezy AKA PepePEEZY

$0.000294

24h: +7.60%
Market cap: $293,533
Volume 24h: $42
Volatility (ann.): 59%

SPX6900SPX

$0.343473

24h: -9.96%
Market cap: $319.79M
Volume 24h: $8.17M
Volatility (ann.): 112%

PEEZY 0.1%Share of the two combined market caps99.9% SPX

Performance

PEEZYSPX

7 days-2.16%-5.36%PEEZY
30 days-7.78%-22.50%PEEZY

Correlation

-0.02over 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	PEEZY	SPX
Max drawdown (400d)	-12.3%	-42.9%
Risk-adjusted return (90d)	-0.12	0.16

Relative strength over 90 days: SPX outperformed PEEZY by 4.8% — measured on the PEEZY/SPX ratio, so it holds regardless of market direction.

Young Peezy AKA Pepe →SPX6900 →