CATBAT vs Anonymous Cat

Anonymous Cat (ZCAT) is 572.1× the size of CATBAT (CATBAT) by market capitalisation. Over the past 30 days, CATBAT is ahead by 14.0 percentage points (CATBAT -29.3% against ZCAT -43.4%). Their daily returns move loosely together (correlation 0.41 across 35 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against CATBAT's 80%.

Correlation: 0.41
Size ratio: 1 : 572.1
Ahead over 30 days: CATBAT

CATBATCATBAT

$4.614e-5

24h: +5.74%
Market cap: $42,146
Volume 24h: $131
Volatility (ann.): 80%

Anonymous CatZCAT

$0.024963

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

CATBAT 0.2%Share of the two combined market caps99.8% ZCAT

Performance

CATBATZCAT

7 days-4.84%-47.53%CATBAT
30 days-29.34%-43.37%CATBAT

Correlation

0.41over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3890d: 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	CATBAT	ZCAT
Max drawdown (400d)	-39.1%	-67.3%
Risk-adjusted return (90d)	-0.41	-0.20

Relative strength over 90 days: CATBAT outperformed ZCAT by 21.7% — measured on the CATBAT/ZCAT ratio, so it holds regardless of market direction.

CATBAT →Anonymous Cat →