CRASH CAT vs Anonymous Cat

Anonymous Cat (ZCAT) is 318.2× the size of CRASH CAT (CRASHCAT) by market capitalisation. Over the past 30 days, CRASHCAT is ahead by 23.7 percentage points (CRASHCAT -19.6% against ZCAT -43.4%). Their daily returns move barely together (correlation 0.04 across 34 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against CRASHCAT's 47%.

Correlation: 0.04
Size ratio: 1 : 318.2
Ahead over 30 days: CRASHCAT

CRASH CATCRASHCAT

$9.262e-5

24h: —
Market cap: $75,787
Volume 24h: —
Volatility (ann.): 47%

Anonymous CatZCAT

$0.024963

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

CRASHCAT 0.3%Share of the two combined market caps99.7% ZCAT

Performance

CRASHCATZCAT

7 days-3.96%-47.53%CRASHCAT
30 days-19.64%-43.37%CRASHCAT

Correlation

0.04over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0090d: 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	CRASHCAT	ZCAT
Max drawdown (400d)	-20.9%	-67.3%
Risk-adjusted return (90d)	-0.42	-0.20

Relative strength over 90 days: CRASHCAT outperformed ZCAT by 46.0% — measured on the CRASHCAT/ZCAT ratio, so it holds regardless of market direction.

CRASH CAT →Anonymous Cat →