BabyKitty (BABYKITTY) and Purr (PURR) compared side by side. Over the past 30 days, BABYKITTY is ahead by 91.7 percentage points (BABYKITTY -8.3% against PURR -100.0%). Their daily returns move loosely together (correlation 0.35 across 26 shared trading days). PURR has been the more volatile of the two, at 318% annualised against BABYKITTY's 37%.
BABYKITTYPURR
0.35over 26 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 | PURR |
|---|---|---|
| Max drawdown (400d) | -14.3% | -100.0% |
| Risk-adjusted return (90d) | -0.30 | -0.31 |
Relative strength over 90 days: BABYKITTY outperformed PURR by 6.5% — measured on the BABYKITTY/PURR ratio, so it holds regardless of market direction.