Book of Miggles vs Purr

Purr (PURR) is 466.0× the size of Book of Miggles (BOMI) by market capitalisation. Over the past 30 days, PURR is ahead by 5.1 percentage points (BOMI +3.3% against PURR +8.4%). Their daily returns move barely together (correlation 0.12 across 20 shared trading days). PURR has been the more volatile of the two, at 222% annualised against BOMI's 59%.

Correlation: 0.12
Size ratio: 1 : 466.0
Ahead over 30 days: PURR

Book of MigglesBOMI

$0.149619

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

PurrPURR

$0.117242

24h: +2.02%
Market cap: $69.72M
Volume 24h: $1.50M
Volatility (ann.): 222%

BOMI 0.2%Share of the two combined market caps99.8% PURR

Performance

BOMIPURR

7 days+9.37%+16.19%PURR
30 days+3.35%+8.42%PURR

Correlation

0.12over 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	BOMI	PURR
Max drawdown (400d)	-18.0%	-43.9%
Risk-adjusted return (90d)	-0.07	0.10

Relative strength over 90 days: PURR outperformed BOMI by 1.1% — measured on the BOMI/PURR ratio, so it holds regardless of market direction.

Book of Miggles →Purr →