ZZZ vs Cash Cat

Cash Cat (CASHCAT) is 17.8× the size of ZZZ (ZZZ) by market capitalisation. Over the past 30 days, CASHCAT is ahead by 40.1 percentage points (ZZZ -75.4% against CASHCAT -35.3%). Their daily returns move barely together (correlation 0.27 across 25 shared trading days). ZZZ has been the more volatile of the two, at 518% annualised against CASHCAT's 264%.

Correlation: 0.27
Size ratio: 1 : 17.8
Ahead over 30 days: CASHCAT

ZZZZZZ

$0.008037

24h: +1.57%
Market cap: $6.01M
Volume 24h: $1.04M
Volatility (ann.): 518%

Cash CatCASHCAT

$0.108135

24h: +1.36%
Market cap: $106.88M
Volume 24h: $16.80M
Volatility (ann.): 264%

ZZZ 5.3%Share of the two combined market caps94.7% CASHCAT

Performance

ZZZCASHCAT

7 days-17.25%+8.81%CASHCAT
30 days-75.39%-35.26%CASHCAT

Correlation

0.27over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2790d: 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	ZZZ	CASHCAT
Max drawdown (400d)	-86.5%	-69.6%
Risk-adjusted return (90d)	-0.12	-0.02

Relative strength over 90 days: CASHCAT outperformed ZZZ by 22.0% — measured on the ZZZ/CASHCAT ratio, so it holds regardless of market direction.

ZZZ →Cash Cat →