BananaCat vs Popcat

Popcat (POPCAT) is 104.4× the size of BananaCat (BCAT) by market capitalisation. Over the past 30 days, BCAT is ahead by 5.7 percentage points (BCAT -10.1% against POPCAT -15.8%). Their daily returns move loosely together (correlation 0.42 across 20 shared trading days). POPCAT has been the more volatile of the two, at 102% annualised against BCAT's 60%.

Correlation: 0.42
Size ratio: 1 : 104.4
Ahead over 30 days: BCAT

BananaCatBCAT

$0.000394

24h: +5.53%
Market cap: $372,359
Volume 24h: $2,101
Volatility (ann.): 60%

PopcatPOPCAT

$0.039679

24h: +0.89%
Market cap: $38.88M
Volume 24h: $3.83M
Volatility (ann.): 102%

BCAT 0.9%Share of the two combined market caps99.1% POPCAT

Performance

BCATPOPCAT

7 days-3.07%-8.15%BCAT
30 days-10.06%-15.77%BCAT

Correlation

0.42over 20 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	BCAT	POPCAT
Max drawdown (400d)	-18.1%	-35.5%
Risk-adjusted return (90d)	-0.15	-0.13

Relative strength over 90 days: BCAT outperformed POPCAT by 25.5% — measured on the BCAT/POPCAT ratio, so it holds regardless of market direction.

BananaCat →Popcat →