Cat in Hoodie vs Popcat

Popcat (POPCAT) is 3529.7× the size of Cat in Hoodie (HODI) by market capitalisation. Over the past 30 days, POPCAT is ahead by 16.0 percentage points (HODI -39.4% against POPCAT -23.5%). Their daily returns move loosely together (correlation 0.49 across 21 shared trading days). POPCAT has been the more volatile of the two, at 104% annualised against HODI's 83%.

Correlation: 0.49
Size ratio: 1 : 3529.7
Ahead over 30 days: POPCAT

Cat in HoodieHODI

$1.030e-5

24h: -5.48%
Market cap: $10,296
Volume 24h: $8
Volatility (ann.): 83%

PopcatPOPCAT

$0.037078

24h: -7.29%
Market cap: $36.34M
Volume 24h: $4.87M
Volatility (ann.): 104%

HODI 0.0%Share of the two combined market caps100.0% POPCAT

Performance

HODIPOPCAT

7 days-8.67%-7.69%POPCAT
30 days-39.42%-23.46%POPCAT

Correlation

0.49over 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	HODI	POPCAT
Max drawdown (400d)	-45.2%	-39.5%
Risk-adjusted return (90d)	-0.55	-0.21

Relative strength over 90 days: HODI outperformed POPCAT by 2.0% — measured on the HODI/POPCAT ratio, so it holds regardless of market direction.

Cat in Hoodie →Popcat →