Ansem's Cat vs catwifhat

catwifhat ($CWIF) is 198.6× the size of Ansem's Cat (HOBBES) by market capitalisation. Over the past 30 days, HOBBES is ahead by 3.4 percentage points (HOBBES -39.4% against $CWIF -42.8%). Their daily returns move barely together (correlation 0.29 across 35 shared trading days). $CWIF has been the more volatile of the two, at 131% annualised against HOBBES's 95%.

Correlation: 0.29
Size ratio: 1 : 198.6
Ahead over 30 days: HOBBES

Ansem's CatHOBBES

$8.194e-5

24h: +5.17%
Market cap: $81,943
Volume 24h: $25,248
Volatility (ann.): 95%

catwifhat$CWIF

$1.628e-8

24h: +3.21%
Market cap: $16.28M
Volume 24h: $307
Volatility (ann.): 131%

HOBBES 0.5%Share of the two combined market caps99.5% $CWIF

Performance

HOBBES$CWIF

7 days-4.73%-33.42%HOBBES
30 days-39.36%-42.77%HOBBES

Correlation

0.29over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2990d: 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	HOBBES	$CWIF
Max drawdown (400d)	-50.5%	-49.5%
Risk-adjusted return (90d)	-0.50	-0.33

Relative strength over 90 days: $CWIF outperformed HOBBES by 8.0% — measured on the HOBBES/$CWIF ratio, so it holds regardless of market direction.

Ansem's Cat →catwifhat →