Cat vs Anonymous Cat

Anonymous Cat (ZCAT) is 301.0× the size of Cat (CAT) by market capitalisation. Over the past 30 days, CAT is ahead by 29.5 percentage points (CAT -13.9% against ZCAT -43.4%). Their daily returns move barely together (correlation 0.11 across 35 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against CAT's 43%.

Correlation: 0.11
Size ratio: 1 : 301.0
Ahead over 30 days: CAT

CatCAT

$2.094e-10

24h: +4.07%
Market cap: $80,124
Volume 24h: $145
Volatility (ann.): 43%

Anonymous CatZCAT

$0.024963

24h: -3.73%
Market cap: $24.11M
Volume 24h: $1.64M
Volatility (ann.): 290%

CAT 0.3%Share of the two combined market caps99.7% ZCAT

Performance

CATZCAT

7 days-4.79%-47.53%CAT
30 days-13.90%-43.37%CAT

Correlation

0.11over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1590d: 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	CAT	ZCAT
Max drawdown (400d)	-17.4%	-67.3%
Risk-adjusted return (90d)	-0.30	-0.20

Relative strength over 90 days: CAT outperformed ZCAT by 58.4% — measured on the CAT/ZCAT ratio, so it holds regardless of market direction.

Cat →Anonymous Cat →