Coughing Cat vs Anonymous Cat

Anonymous Cat (ZCAT) is 2790.7× the size of Coughing Cat (COUGH) by market capitalisation. Over the past 30 days, COUGH is ahead by 24.0 percentage points (COUGH -19.4% against ZCAT -43.4%). Their daily returns move barely in opposite directions (correlation -0.30 across 31 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against COUGH's 99%.

Correlation: -0.30
Size ratio: 1 : 2790.7
Ahead over 30 days: COUGH

Coughing CatCOUGH

$8.990e-6

24h: +2.42%
Market cap: $8,641
Volume 24h: $2
Volatility (ann.): 99%

Anonymous CatZCAT

$0.024963

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

COUGH 0.0%Share of the two combined market caps100.0% ZCAT

Performance

COUGHZCAT

7 days+12.17%-47.53%COUGH
30 days-19.39%-43.37%COUGH

Correlation

-0.30over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3090d: 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	COUGH	ZCAT
Max drawdown (400d)	-32.3%	-67.3%
Risk-adjusted return (90d)	-0.20	-0.20

Relative strength over 90 days: COUGH outperformed ZCAT by 46.6% — measured on the COUGH/ZCAT ratio, so it holds regardless of market direction.

Coughing Cat →Anonymous Cat →