catwifhat vs Popcat

Popcat (POPCAT) is 2.6× the size of catwifhat ($CWIF) by market capitalisation. Over the past 30 days, POPCAT is ahead by 32.7 percentage points ($CWIF -49.5% against POPCAT -16.8%). Their daily returns move barely together (correlation 0.03 across 46 shared trading days). $CWIF has been the more volatile of the two, at 126% annualised against POPCAT's 103%.

Correlation: 0.03
Size ratio: 1 : 2.6
Ahead over 30 days: POPCAT

catwifhat$CWIF

$1.578e-8

24h: +0.21%
Market cap: $15.78M
Volume 24h: $653
Volatility (ann.): 126%

PopcatPOPCAT

$0.041205

24h: +4.26%
Market cap: $40.37M
Volume 24h: $3.82M
Volatility (ann.): 103%

$CWIF 28.1%Share of the two combined market caps71.9% POPCAT

Performance

$CWIFPOPCAT

7 days-41.00%-8.88%POPCAT
30 days-49.47%-16.79%POPCAT

Correlation

0.03over 46 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0390d: 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	$CWIF	POPCAT
Max drawdown (400d)	-49.5%	-35.5%
Risk-adjusted return (90d)	-0.39	-0.13

Relative strength over 90 days: POPCAT outperformed $CWIF by 27.3% — measured on the $CWIF/POPCAT ratio, so it holds regardless of market direction.

catwifhat →Popcat →