Baby Cat vs Anonymous Cat

Anonymous Cat (ZCAT) is 2852.5× the size of Baby Cat (BABYCAT) by market capitalisation. Over the past 30 days, BABYCAT is ahead by 20.1 percentage points (BABYCAT -23.3% against ZCAT -43.4%). Their daily returns move barely together (correlation 0.07 across 35 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against BABYCAT's 47%.

Correlation: 0.07
Size ratio: 1 : 2852.5
Ahead over 30 days: BABYCAT

Baby CatBABYCAT

$2.013e-14

24h: +3.78%
Market cap: $8,453
Volume 24h: $48
Volatility (ann.): 47%

Anonymous CatZCAT

$0.024963

24h: -3.73%
Market cap: $24.11M
Volume 24h: $1.64M
Volatility (ann.): 290%

BABYCAT 0.0%Share of the two combined market caps100.0% ZCAT

Performance

BABYCATZCAT

7 days-9.76%-47.53%BABYCAT
30 days-23.26%-43.37%BABYCAT

Correlation

0.07over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0190d: 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	BABYCAT	ZCAT
Max drawdown (400d)	-29.8%	-67.3%
Risk-adjusted return (90d)	-0.60	-0.20

Relative strength over 90 days: BABYCAT outperformed ZCAT by 30.0% — measured on the BABYCAT/ZCAT ratio, so it holds regardless of market direction.

Baby Cat →Anonymous Cat →