FAT CAT vs Popcat

Popcat (POPCAT) is 105.5× the size of FAT CAT (FATCAT) by market capitalisation. Over the past 30 days, FATCAT is ahead by 2469.5 percentage points (FATCAT +2453.7% against POPCAT -15.8%). Their daily returns move loosely in opposite directions (correlation -0.55 across 25 shared trading days). FATCAT has been the more volatile of the two, at 2006% annualised against POPCAT's 102%.

Correlation: -0.55
Size ratio: 1 : 105.5
Ahead over 30 days: FATCAT

FAT CATFATCAT

$4.386e-7

24h: +3.66%
Market cap: $372,808
Volume 24h: $15,871
Volatility (ann.): 2006%

PopcatPOPCAT

$0.040117

24h: +0.19%
Market cap: $39.31M
Volume 24h: $3.83M
Volatility (ann.): 102%

FATCAT 0.9%Share of the two combined market caps99.1% POPCAT

Performance

FATCATPOPCAT

7 days+2296.63%-8.15%FATCAT
30 days+2453.72%-15.77%FATCAT

Correlation

-0.55over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.5590d: 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	FATCAT	POPCAT
Max drawdown (400d)	-7.7%	-35.5%
Risk-adjusted return (90d)	1.31	-0.13

Relative strength over 90 days: FATCAT outperformed POPCAT by 3486.4% — measured on the FATCAT/POPCAT ratio, so it holds regardless of market direction.

FAT CAT →Popcat →