Ape Cat vs Popcat

Popcat (POPCAT) is 548.8× the size of Ape Cat (APECAT) by market capitalisation. Over the past 30 days, POPCAT is ahead by 28.5 percentage points (APECAT -72.7% against POPCAT -44.2%). Their daily returns move barely together (correlation 0.16 across 25 shared trading days). APECAT has been the more volatile of the two, at 227% annualised against POPCAT's 100%.

Correlation: 0.16
Size ratio: 1 : 548.8
Ahead over 30 days: POPCAT

Ape CatAPECAT

$5.983e-5

24h: -12.11%
Market cap: $59,825
Volume 24h: $1,412
Volatility (ann.): 227%

PopcatPOPCAT

$0.033501

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

APECAT 0.2%Share of the two combined market caps99.8% POPCAT

Performance

APECATPOPCAT

7 days-6.47%-16.32%APECAT
30 days-72.71%-44.17%POPCAT

Correlation

0.16over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1690d: 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	APECAT	POPCAT
Max drawdown (400d)	-85.1%	-44.2%
Risk-adjusted return (90d)	-0.37	-0.28

Relative strength over 90 days: POPCAT outperformed APECAT by 56.9% — measured on the APECAT/POPCAT ratio, so it holds regardless of market direction.

Ape Cat →Popcat →