Dinger vs Anonymous Cat

Anonymous Cat (ZCAT) is 57.5× the size of Dinger (DINGER) by market capitalisation. Over the past 30 days, DINGER is ahead by 25.0 percentage points (DINGER -19.2% against ZCAT -44.2%). Their daily returns move barely in opposite directions (correlation -0.22 across 32 shared trading days). ZCAT has been the more volatile of the two, at 294% annualised against DINGER's 40%.

Correlation: -0.22
Size ratio: 1 : 57.5
Ahead over 30 days: DINGER

DingerDINGER

$4.476e-7

24h: +0.47%
Market cap: $447,614
Volume 24h: $41
Volatility (ann.): 40%

Anonymous CatZCAT

$0.026660

24h: -0.28%
Market cap: $25.75M
Volume 24h: $2.46M
Volatility (ann.): 294%

DINGER 1.7%Share of the two combined market caps98.3% ZCAT

Performance

DINGERZCAT

7 days-2.48%-47.18%DINGER
30 days-19.24%-44.24%DINGER

Correlation

-0.22over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2390d: 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	DINGER	ZCAT
Max drawdown (400d)	-20.5%	-66.4%
Risk-adjusted return (90d)	-0.49	-0.19

Relative strength over 90 days: DINGER outperformed ZCAT by 19.1% — measured on the DINGER/ZCAT ratio, so it holds regardless of market direction.

Dinger →Anonymous Cat →