Bicat vs Purr

Purr (PURR) is 1406.3× the size of Bicat (BICAT) by market capitalisation. Over the past 30 days, PURR is ahead by 92.4 percentage points (BICAT -83.9% against PURR +8.4%). Their daily returns move barely together (correlation 0.33 across 30 shared trading days). BICAT has been the more volatile of the two, at 516% annualised against PURR's 222%.

Correlation: 0.33
Size ratio: 1 : 1406.3
Ahead over 30 days: PURR

BicatBICAT

$4.892e-5

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

PurrPURR

$0.115662

24h: +0.27%
Market cap: $68.78M
Volume 24h: $1.46M
Volatility (ann.): 222%

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

Performance

BICATPURR

7 days-3.39%+16.19%PURR
30 days-83.94%+8.42%PURR

Correlation

0.33over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3390d: 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	PURR
Max drawdown (400d)	-93.3%	-43.9%
Risk-adjusted return (90d)	-0.15	0.10

Relative strength over 90 days: PURR outperformed BICAT by 77.2% — measured on the BICAT/PURR ratio, so it holds regardless of market direction.

Bicat →Purr →