Addicted Cat vs Anonymous Cat

Anonymous Cat (ZCAT) is 57.2× the size of Addicted Cat (MCAT) by market capitalisation. Over the past 30 days, MCAT is ahead by 65.2 percentage points (MCAT -34.7% against ZCAT -100.0%). Their daily returns move barely together (correlation 0.25 across 40 shared trading days). MCAT has been the more volatile of the two, at 526% annualised against ZCAT's 397%.

Correlation: 0.25
Size ratio: 1 : 57.2
Ahead over 30 days: MCAT

Addicted CatMCAT

$0.000355

24h: —
Market cap: $353,724
Volume 24h: —
Volatility (ann.): 526%

Anonymous CatZCAT

$0.020939

24h: +11.85%
Market cap: $20.22M
Volume 24h: $2.20M
Volatility (ann.): 397%

MCAT 1.7%Share of the two combined market caps98.3% ZCAT

Performance

MCATZCAT

7 days-56.20%-99.99%MCAT
30 days-34.75%-99.99%MCAT

Correlation

0.25over 40 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3190d: 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	MCAT	ZCAT
Max drawdown (400d)	-80.5%	-100.0%
Risk-adjusted return (90d)	-0.13	-0.25

Relative strength over 90 days: MCAT outperformed ZCAT by 658639.0% — measured on the MCAT/ZCAT ratio, so it holds regardless of market direction.

Addicted Cat →Anonymous Cat →