Cat Purrcessing Unit vs Purr

Purr (PURR) is 7289.3× the size of Cat Purrcessing Unit (CPU) by market capitalisation. Over the past 30 days, PURR is ahead by 71.8 percentage points (CPU -63.4% against PURR +8.4%). Their daily returns move barely together (correlation 0.19 across 21 shared trading days). CPU has been the more volatile of the two, at 478% annualised against PURR's 222%.

Correlation: 0.19
Size ratio: 1 : 7289.3
Ahead over 30 days: PURR

Cat Purrcessing UnitCPU

$8.180e-6

24h: -9.02%
Market cap: $8,181
Volume 24h: $121
Volatility (ann.): 478%

PurrPURR

$0.100285

24h: -14.20%
Market cap: $59.64M
Volume 24h: $2.24M
Volatility (ann.): 222%

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

Performance

CPUPURR

7 days-61.90%+16.19%PURR
30 days-63.38%+8.42%PURR

Correlation

0.19over 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	CPU	PURR
Max drawdown (400d)	-83.7%	-43.9%
Risk-adjusted return (90d)	-0.16	0.10

Relative strength over 90 days: PURR outperformed CPU by 73.4% — measured on the CPU/PURR ratio, so it holds regardless of market direction.

Cat Purrcessing Unit →Purr →