ELLIE vs Popcat

Popcat (POPCAT) is 1012.0× the size of ELLIE (ELLIE) by market capitalisation. Over the past 30 days, ELLIE is ahead by 99.9 percentage points (ELLIE +84.2% against POPCAT -15.8%). Their daily returns move barely in opposite directions (correlation -0.01 across 20 shared trading days). ELLIE has been the more volatile of the two, at 537% annualised against POPCAT's 102%.

Correlation: -0.01
Size ratio: 1 : 1012.0
Ahead over 30 days: ELLIE

ELLIEELLIE

$3.596e-5

24h: +16.14%
Market cap: $35,947
Volume 24h: $391
Volatility (ann.): 537%

PopcatPOPCAT

$0.037192

24h: -7.05%
Market cap: $36.38M
Volume 24h: $4.49M
Volatility (ann.): 102%

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

Performance

ELLIEPOPCAT

7 days-0.20%-8.15%ELLIE
30 days+84.16%-15.77%ELLIE

Correlation

-0.01over 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	ELLIE	POPCAT
Max drawdown (400d)	-50.1%	-35.5%
Risk-adjusted return (90d)	0.12	-0.13

Relative strength over 90 days: ELLIE outperformed POPCAT by 20.7% — measured on the ELLIE/POPCAT ratio, so it holds regardless of market direction.

ELLIE →Popcat →