Ember Cat vs Anonymous Cat

Anonymous Cat (ZCAT) is 1284.2× the size of Ember Cat (EMBERCAT) by market capitalisation. Over the past 30 days, EMBERCAT is ahead by 4.3 percentage points (EMBERCAT -39.1% against ZCAT -43.4%). Their daily returns move barely together (correlation 0.15 across 36 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against EMBERCAT's 193%.

Correlation: 0.15
Size ratio: 1 : 1284.2
Ahead over 30 days: EMBERCAT

Ember CatEMBERCAT

$1.878e-5

24h: +7.90%
Market cap: $18,777
Volume 24h: $194
Volatility (ann.): 193%

Anonymous CatZCAT

$0.024963

24h: -3.73%
Market cap: $24.11M
Volume 24h: $1.64M
Volatility (ann.): 290%

EMBERCAT 0.1%Share of the two combined market caps99.9% ZCAT

Performance

EMBERCATZCAT

7 days-8.77%-47.53%EMBERCAT
30 days-39.12%-43.37%EMBERCAT

Correlation

0.15over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3590d: 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	EMBERCAT	ZCAT
Max drawdown (400d)	-55.5%	-67.3%
Risk-adjusted return (90d)	-0.26	-0.20

Relative strength over 90 days: EMBERCAT outperformed ZCAT by 0.7% — measured on the EMBERCAT/ZCAT ratio, so it holds regardless of market direction.

Ember Cat →Anonymous Cat →