Bitcat vs Popcat

Popcat (POPCAT) is 787.4× the size of Bitcat (BITCAT) by market capitalisation. Over the past 30 days, POPCAT is ahead by 8.0 percentage points (BITCAT -23.8% against POPCAT -15.8%). Their daily returns move barely in opposite directions (correlation -0.17 across 20 shared trading days). BITCAT has been the more volatile of the two, at 562% annualised against POPCAT's 102%.

Correlation: -0.17
Size ratio: 1 : 787.4
Ahead over 30 days: POPCAT

BitcatBITCAT

$4.816e-5

24h: +3.67%
Market cap: $48,120
Volume 24h: $50
Volatility (ann.): 562%

PopcatPOPCAT

$0.038664

24h: -3.86%
Market cap: $37.89M
Volume 24h: $3.69M
Volatility (ann.): 102%

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

Performance

BITCATPOPCAT

7 days+12.08%-8.15%BITCAT
30 days-23.80%-15.77%POPCAT

Correlation

-0.17over 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	BITCAT	POPCAT
Max drawdown (400d)	-78.2%	-35.5%
Risk-adjusted return (90d)	-0.13	-0.13

Relative strength over 90 days: BITCAT outperformed POPCAT by 21.4% — measured on the BITCAT/POPCAT ratio, so it holds regardless of market direction.

Bitcat →Popcat →