Purr (PURR) is 17916.4× the size of Cat Season (CATSZN) by market capitalisation. Over the past 30 days, PURR is ahead by 73.2 percentage points (CATSZN -64.8% against PURR +8.4%). Their daily returns move loosely together (correlation 0.50 across 23 shared trading days). Both have run at a similar volatility, around 217% annualised.
CATSZNPURR
0.50over 23 shared trading days
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.
| Metric | CATSZN | PURR |
|---|---|---|
| Max drawdown (400d) | -67.7% | -43.9% |
| Risk-adjusted return (90d) | -0.31 | 0.10 |
Relative strength over 90 days: PURR outperformed CATSZN by 67.0% — measured on the CATSZN/PURR ratio, so it holds regardless of market direction.