BananaCat vs Purr

Purr (PURR) is 186.1× the size of BananaCat (BCAT) by market capitalisation. Over the past 30 days, PURR is ahead by 18.5 percentage points (BCAT -10.1% against PURR +8.4%). Their daily returns move barely together (correlation 0.08 across 21 shared trading days). PURR has been the more volatile of the two, at 222% annualised against BCAT's 60%.

Correlation: 0.08
Size ratio: 1 : 186.1
Ahead over 30 days: PURR

BananaCatBCAT

$0.000394

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

PurrPURR

$0.116521

24h: +4.68%
Market cap: $69.29M
Volume 24h: $1.62M
Volatility (ann.): 222%

BCAT 0.5%Share of the two combined market caps99.5% PURR

Performance

BCATPURR

7 days-3.07%+16.19%PURR
30 days-10.06%+8.42%PURR

Correlation

0.08over 21 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	PURR
Max drawdown (400d)	-18.1%	-43.9%
Risk-adjusted return (90d)	-0.15	0.10

Relative strength over 90 days: PURR outperformed BCAT by 5.2% — measured on the BCAT/PURR ratio, so it holds regardless of market direction.

BananaCat →Purr →