Bitsolara (BTSLR) and Catizen (CATI) compared side by side. Over the past 1 year, CATI is ahead by 61.0 percentage points (BTSLR -98.9% against CATI -38.0%). Their daily returns move barely together (correlation 0.03 across 364 shared trading days). BTSLR has been the more volatile of the two, at 734% annualised against CATI's 87%.
BTSLRCATI
0.03over 364 shared trading days
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.
| Metric | BTSLR | CATI |
|---|---|---|
| Max drawdown (400d) | -99.7% | -62.8% |
| Risk-adjusted return (90d) | -0.41 | 0.01 |
| Best 30 days (past year) | — | +62.9% |
| Worst 30 days (past year) | — | -44.4% |
Relative strength over 90 days: CATI outperformed BTSLR by 89.5% — measured on the BTSLR/CATI ratio, so it holds regardless of market direction.