Addicted Cat vs Popcat

Popcat (POPCAT) is 92.8× the size of Addicted Cat (MCAT) by market capitalisation. Over the past 30 days, MCAT is ahead by 9.4 percentage points (MCAT -34.7% against POPCAT -44.2%). Their daily returns move barely together (correlation 0.11 across 27 shared trading days). MCAT has been the more volatile of the two, at 526% annualised against POPCAT's 100%.

Correlation: 0.11
Size ratio: 1 : 92.8
Ahead over 30 days: MCAT

Addicted CatMCAT

$0.000355

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

PopcatPOPCAT

$0.033501

24h: -2.75%
Market cap: $32.83M
Volume 24h: $3.82M
Volatility (ann.): 100%

MCAT 1.1%Share of the two combined market caps98.9% POPCAT

Performance

MCATPOPCAT

7 days-56.20%-16.32%POPCAT
30 days-34.75%-44.17%MCAT

Correlation

0.11over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1190d: 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	POPCAT
Max drawdown (400d)	-80.5%	-44.2%
Risk-adjusted return (90d)	-0.13	-0.28

Relative strength over 90 days: POPCAT outperformed MCAT by 26.2% — measured on the MCAT/POPCAT ratio, so it holds regardless of market direction.

Addicted Cat →Popcat →