Cat in Hoodie vs Purr

Purr (PURR) is 5848.9× the size of Cat in Hoodie (HODI) by market capitalisation. Over the past 30 days, PURR is ahead by 28.1 percentage points (HODI -39.4% against PURR -11.3%). Their daily returns move barely together (correlation 0.21 across 22 shared trading days). PURR has been the more volatile of the two, at 223% annualised against HODI's 83%.

Correlation: 0.21
Size ratio: 1 : 5848.9
Ahead over 30 days: PURR

Cat in HoodieHODI

$1.030e-5

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

PurrPURR

$0.101267

24h: -14.03%
Market cap: $60.22M
Volume 24h: $2.37M
Volatility (ann.): 223%

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

Performance

HODIPURR

7 days-8.67%-17.96%HODI
30 days-39.42%-11.29%PURR

Correlation

0.21over 22 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	PURR
Max drawdown (400d)	-45.2%	-43.9%
Risk-adjusted return (90d)	-0.55	0.01

Relative strength over 90 days: PURR outperformed HODI by 24.4% — measured on the HODI/PURR ratio, so it holds regardless of market direction.

Cat in Hoodie →Purr →