depressed cat vs Bordrless

depressed cat (DEPCAT) and Bordrless (BORDR) compared side by side. Over the past 30 days, DEPCAT is ahead by 52.4 percentage points (DEPCAT -47.5% against BORDR -99.8%). Their daily returns move barely together (correlation 0.24 across 36 shared trading days). Both have run at a similar volatility, around 867% annualised.

Correlation: 0.24
Ahead over 30 days: DEPCAT

depressed catDEPCAT

$3.073e-5

24h: -1.45%
Market cap: —
Volume 24h: $18,373
Volatility (ann.): 826%

BordrlessBORDR

$1.323e-5

24h: -10.45%
Market cap: $13,231
Volume 24h: $950,857
Volatility (ann.): 907%

DEPCAT 0.0%Share of the two combined market caps100.0% BORDR

Performance

DEPCATBORDR

7 days+43.53%-35.56%DEPCAT
30 days-47.46%-99.81%DEPCAT

Correlation

0.24over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2790d: 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	DEPCAT	BORDR
Max drawdown (400d)	-94.7%	-99.8%
Risk-adjusted return (90d)	-0.04	-0.11

Relative strength over 90 days: DEPCAT outperformed BORDR by 967.5% — measured on the DEPCAT/BORDR ratio, so it holds regardless of market direction.

depressed cat →Bordrless →