el gato vs Popcat

Popcat (POPCAT) is 727.6× the size of el gato (ELGATO) by market capitalisation. Over the past 30 days, POPCAT is ahead by 33.5 percentage points (ELGATO -49.3% against POPCAT -15.8%). Their daily returns move barely in opposite directions (correlation -0.04 across 20 shared trading days). ELGATO has been the more volatile of the two, at 127% annualised against POPCAT's 102%.

Correlation: -0.04
Size ratio: 1 : 727.6
Ahead over 30 days: POPCAT

el gatoELGATO

$5.350e-6

24h: —
Market cap: $53,500
Volume 24h: $32
Volatility (ann.): 127%

PopcatPOPCAT

$0.039724

24h: +0.02%
Market cap: $38.93M
Volume 24h: $3.76M
Volatility (ann.): 102%

ELGATO 0.1%Share of the two combined market caps99.9% POPCAT

Performance

ELGATOPOPCAT

7 days-6.97%-8.15%ELGATO
30 days-49.29%-15.77%POPCAT

Correlation

-0.04over 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	ELGATO	POPCAT
Max drawdown (400d)	-53.7%	-35.5%
Risk-adjusted return (90d)	-0.42	-0.13

Relative strength over 90 days: POPCAT outperformed ELGATO by 1.5% — measured on the ELGATO/POPCAT ratio, so it holds regardless of market direction.

el gato →Popcat →