Baby Wen vs Anonymous Cat

Anonymous Cat (ZCAT) is 839.5× the size of Baby Wen (BWEN) by market capitalisation. Over the past 30 days, BWEN is ahead by 24.1 percentage points (BWEN -19.2% against ZCAT -43.4%). Their daily returns move barely in opposite directions (correlation -0.17 across 26 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against BWEN's 48%.

Correlation: -0.17
Size ratio: 1 : 839.5
Ahead over 30 days: BWEN

Baby WenBWEN

$0.000287

24h: —
Market cap: $28,725
Volume 24h: —
Volatility (ann.): 48%

Anonymous CatZCAT

$0.024963

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

BWEN 0.1%Share of the two combined market caps99.9% ZCAT

Performance

BWENZCAT

7 days-7.72%-47.53%BWEN
30 days-19.22%-43.37%BWEN

Correlation

-0.17over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1790d: 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	BWEN	ZCAT
Max drawdown (400d)	-22.3%	-67.3%
Risk-adjusted return (90d)	-0.40	-0.20

Relative strength over 90 days: BWEN outperformed ZCAT by 1.7% — measured on the BWEN/ZCAT ratio, so it holds regardless of market direction.

Baby Wen →Anonymous Cat →