CatSlap vs Purr

Purr (PURR) is 74.8× the size of CatSlap (SLAP) by market capitalisation. Over the past 30 days, PURR is ahead by 7.8 percentage points (SLAP -9.1% against PURR -1.3%). Their daily returns move closely together (correlation 0.60 across 31 shared trading days). PURR has been the more volatile of the two, at 223% annualised against SLAP's 59%.

Correlation: 0.60
Size ratio: 1 : 74.8
Ahead over 30 days: PURR

CatSlapSLAP

$0.000235

24h: —
Market cap: $927,701
Volume 24h: $7
Volatility (ann.): 59%

PurrPURR

$0.116724

24h: +1.38%
Market cap: $69.41M
Volume 24h: $2.31M
Volatility (ann.): 223%

SLAP 1.3%Share of the two combined market caps98.7% PURR

Performance

SLAPPURR

7 days-2.64%+4.50%PURR
30 days-9.07%-1.26%PURR

Correlation

0.60over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6090d: 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	SLAP	PURR
Max drawdown (400d)	-20.2%	-43.9%
Risk-adjusted return (90d)	-0.16	0.07

Relative strength over 90 days: PURR outperformed SLAP by 1.7% — measured on the SLAP/PURR ratio, so it holds regardless of market direction.

CatSlap →Purr →