Bop Cat vs Purr

Purr (PURR) is 956.5× the size of Bop Cat (BOP) by market capitalisation. Over the past 30 days, PURR is ahead by 49.4 percentage points (BOP -41.0% against PURR +8.4%). Their daily returns move barely in opposite directions (correlation -0.02 across 21 shared trading days). PURR has been the more volatile of the two, at 222% annualised against BOP's 103%.

Correlation: -0.02
Size ratio: 1 : 956.5
Ahead over 30 days: PURR

Bop CatBOP

$7.145e-5

24h: +4.01%
Market cap: $71,357
Volume 24h: $298
Volatility (ann.): 103%

PurrPURR

$0.114777

24h: +0.55%
Market cap: $68.25M
Volume 24h: $1.38M
Volatility (ann.): 222%

BOP 0.1%Share of the two combined market caps99.9% PURR

Performance

BOPPURR

7 days-6.45%+16.19%PURR
30 days-40.97%+8.42%PURR

Correlation

-0.02over 21 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	BOP	PURR
Max drawdown (400d)	-48.7%	-43.9%
Risk-adjusted return (90d)	-0.37	0.10

Relative strength over 90 days: PURR outperformed BOP by 22.1% — measured on the BOP/PURR ratio, so it holds regardless of market direction.

Bop Cat →Purr →