CRASH CAT vs Purr

Purr (PURR) is 813.0× the size of CRASH CAT (CRASHCAT) by market capitalisation. Over the past 30 days, PURR is ahead by 28.1 percentage points (CRASHCAT -19.6% against PURR +8.4%). Their daily returns move barely together (correlation 0.26 across 20 shared trading days). PURR has been the more volatile of the two, at 222% annualised against CRASHCAT's 47%.

Correlation: 0.26
Size ratio: 1 : 813.0
Ahead over 30 days: PURR

CRASH CATCRASHCAT

$9.262e-5

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

PurrPURR

$0.103617

24h: -13.50%
Market cap: $61.62M
Volume 24h: $1.87M
Volatility (ann.): 222%

CRASHCAT 0.1%Share of the two combined market caps99.9% PURR

Performance

CRASHCATPURR

7 days-3.96%+16.19%PURR
30 days-19.64%+8.42%PURR

Correlation

0.26over 20 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	PURR
Max drawdown (400d)	-20.9%	-43.9%
Risk-adjusted return (90d)	-0.42	0.10

Relative strength over 90 days: PURR outperformed CRASHCAT by 18.1% — measured on the CRASHCAT/PURR ratio, so it holds regardless of market direction.

CRASH CAT →Purr →