Bicat vs Popcat

Popcat (POPCAT) is 796.0× the size of Bicat (BICAT) by market capitalisation. Over the past 30 days, POPCAT is ahead by 68.2 percentage points (BICAT -83.9% against POPCAT -15.8%). Their daily returns move loosely together (correlation 0.38 across 31 shared trading days). BICAT has been the more volatile of the two, at 516% annualised against POPCAT's 102%.

Correlation: 0.38
Size ratio: 1 : 796.0
Ahead over 30 days: POPCAT

BicatBICAT

$4.892e-5

24h: +7.39%
Market cap: $48,907
Volume 24h: $3,833
Volatility (ann.): 516%

PopcatPOPCAT

$0.039724

24h: +0.02%
Market cap: $38.93M
Volume 24h: $3.76M
Volatility (ann.): 102%

BICAT 0.1%Share of the two combined market caps99.9% POPCAT

Performance

BICATPOPCAT

7 days-3.39%-8.15%BICAT
30 days-83.94%-15.77%POPCAT

Correlation

0.38over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3890d: 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	BICAT	POPCAT
Max drawdown (400d)	-93.3%	-35.5%
Risk-adjusted return (90d)	-0.15	-0.13

Relative strength over 90 days: POPCAT outperformed BICAT by 69.5% — measured on the BICAT/POPCAT ratio, so it holds regardless of market direction.

Bicat →Popcat →