Billy (Bitcoin) vs Purr

Purr (PURR) is 44.9× the size of Billy (Bitcoin) (BILLY) by market capitalisation. Over the past 30 days, PURR is ahead by 37.3 percentage points (BILLY -38.6% against PURR -1.3%). Their daily returns move loosely together (correlation 0.48 across 32 shared trading days). Both have run at a similar volatility, around 217% annualised.

Correlation: 0.48
Size ratio: 1 : 44.9
Ahead over 30 days: PURR

Billy (Bitcoin)BILLY

$0.001558

24h: +6.67%
Market cap: $1.56M
Volume 24h: $2,880
Volatility (ann.): 212%

PurrPURR

$0.117645

24h: +2.87%
Market cap: $69.96M
Volume 24h: $2.16M
Volatility (ann.): 223%

BILLY 2.2%Share of the two combined market caps97.8% PURR

Performance

BILLYPURR

7 days+2.44%+4.50%PURR
30 days-38.56%-1.26%PURR

Correlation

0.48over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5090d: 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	BILLY	PURR
Max drawdown (400d)	-50.0%	-43.9%
Risk-adjusted return (90d)	-0.21	0.07

Relative strength over 90 days: PURR outperformed BILLY by 41.5% — measured on the BILLY/PURR ratio, so it holds regardless of market direction.

Billy (Bitcoin) →Purr →