Ember Cat vs Popcat

Popcat (POPCAT) is 2061.5× the size of Ember Cat (EMBERCAT) by market capitalisation. Over the past 30 days, POPCAT is ahead by 23.3 percentage points (EMBERCAT -39.1% against POPCAT -15.8%). Their daily returns move barely together (correlation 0.01 across 20 shared trading days). EMBERCAT has been the more volatile of the two, at 193% annualised against POPCAT's 102%.

Correlation: 0.01
Size ratio: 1 : 2061.5
Ahead over 30 days: POPCAT

Ember CatEMBERCAT

$1.878e-5

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

PopcatPOPCAT

$0.039501

24h: -0.51%
Market cap: $38.71M
Volume 24h: $3.75M
Volatility (ann.): 102%

EMBERCAT 0.0%Share of the two combined market caps100.0% POPCAT

Performance

EMBERCATPOPCAT

7 days-8.77%-8.15%POPCAT
30 days-39.12%-15.77%POPCAT

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	EMBERCAT	POPCAT
Max drawdown (400d)	-55.5%	-35.5%
Risk-adjusted return (90d)	-0.26	-0.13

Relative strength over 90 days: POPCAT outperformed EMBERCAT by 20.1% — measured on the EMBERCAT/POPCAT ratio, so it holds regardless of market direction.

Ember Cat →Popcat →