Book of Miggles vs Anonymous Cat

Anonymous Cat (ZCAT) is 160.5× the size of Book of Miggles (BOMI) by market capitalisation. Over the past 30 days, BOMI is ahead by 46.7 percentage points (BOMI +3.3% against ZCAT -43.4%). Their daily returns move barely in opposite directions (correlation -0.05 across 34 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against BOMI's 59%.

Correlation: -0.05
Size ratio: 1 : 160.5
Ahead over 30 days: BOMI

Book of MigglesBOMI

$0.149619

24h: +10.61%
Market cap: $149,623
Volume 24h: $225
Volatility (ann.): 59%

Anonymous CatZCAT

$0.024861

24h: +0.39%
Market cap: $24.01M
Volume 24h: $1.66M
Volatility (ann.): 290%

BOMI 0.6%Share of the two combined market caps99.4% ZCAT

Performance

BOMIZCAT

7 days+9.37%-47.53%BOMI
30 days+3.35%-43.37%BOMI

Correlation

-0.05over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1090d: 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	BOMI	ZCAT
Max drawdown (400d)	-18.0%	-67.3%
Risk-adjusted return (90d)	-0.07	-0.20

Relative strength over 90 days: BOMI outperformed ZCAT by 74.2% — measured on the BOMI/ZCAT ratio, so it holds regardless of market direction.

Book of Miggles →Anonymous Cat →