Dancing Kittens vs Popcat

Popcat (POPCAT) is 7323.9× the size of Dancing Kittens (KITTENS) by market capitalisation. Over the past 30 days, POPCAT is ahead by 3.2 percentage points (KITTENS -19.0% against POPCAT -15.8%). Their daily returns move barely together (correlation 0.30 across 21 shared trading days). KITTENS has been the more volatile of the two, at 136% annualised against POPCAT's 102%.

Correlation: 0.30
Size ratio: 1 : 7323.9
Ahead over 30 days: POPCAT

Dancing KittensKITTENS

$5.280e-6

24h: —
Market cap: $4,994
Volume 24h: —
Volatility (ann.): 136%

PopcatPOPCAT

$0.037323

24h: -6.72%
Market cap: $36.58M
Volume 24h: $4.30M
Volatility (ann.): 102%

KITTENS 0.0%Share of the two combined market caps100.0% POPCAT

Performance

KITTENSPOPCAT

7 days-11.65%-8.15%POPCAT
30 days-19.01%-15.77%POPCAT

Correlation

0.30over 21 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	KITTENS	POPCAT
Max drawdown (400d)	-24.3%	-35.5%
Risk-adjusted return (90d)	-0.14	-0.13

Relative strength over 90 days: POPCAT outperformed KITTENS by 7.3% — measured on the KITTENS/POPCAT ratio, so it holds regardless of market direction.

Dancing Kittens →Popcat →