CAPCAT vs Anonymous Cat

Anonymous Cat (ZCAT) is 8160.0× the size of CAPCAT (CAP) by market capitalisation. Over the past 30 days, CAP is ahead by 4.8 percentage points (CAP -38.6% against ZCAT -43.4%). Their daily returns move barely together (correlation 0.24 across 27 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against CAP's 78%.

Correlation: 0.24
Size ratio: 1 : 8160.0
Ahead over 30 days: CAP

CAPCATCAP

$3.180e-6

24h: —
Market cap: $3,176
Volume 24h: —
Volatility (ann.): 78%

Anonymous CatZCAT

$0.026831

24h: +12.45%
Market cap: $25.92M
Volume 24h: $2.27M
Volatility (ann.): 290%

CAP 0.0%Share of the two combined market caps100.0% ZCAT

Performance

CAPZCAT

7 days-22.39%-47.53%CAP
30 days-38.60%-43.37%CAP

Correlation

0.24over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2490d: 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	CAP	ZCAT
Max drawdown (400d)	-38.6%	-67.3%
Risk-adjusted return (90d)	-0.50	-0.20

Relative strength over 90 days: ZCAT outperformed CAP by 16.4% — measured on the CAP/ZCAT ratio, so it holds regardless of market direction.

CAPCAT →Anonymous Cat →