BabyKitty (BABYKITTY) and Popcat (POPCAT) compared side by side. Over the past 30 days, BABYKITTY is ahead by 35.8 percentage points (BABYKITTY -8.3% against POPCAT -44.2%). Their daily returns move barely together (correlation 0.03 across 25 shared trading days). POPCAT has been the more volatile of the two, at 100% annualised against BABYKITTY's 37%.
BABYKITTYPOPCAT
0.03over 25 shared trading days
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.
| Metric | BABYKITTY | POPCAT |
|---|---|---|
| Max drawdown (400d) | -14.3% | -44.2% |
| Risk-adjusted return (90d) | -0.30 | -0.28 |
Relative strength over 90 days: BABYKITTY outperformed POPCAT by 29.7% — measured on the BABYKITTY/POPCAT ratio, so it holds regardless of market direction.