FAT CAT vs Purr

Purr (PURR) is 184.6× the size of FAT CAT (FATCAT) by market capitalisation. Over the past 30 days, FATCAT is ahead by 2445.3 percentage points (FATCAT +2453.7% against PURR +8.4%). Their daily returns move barely in opposite directions (correlation -0.34 across 24 shared trading days). FATCAT has been the more volatile of the two, at 2006% annualised against PURR's 222%.

Correlation: -0.34
Size ratio: 1 : 184.6
Ahead over 30 days: FATCAT

FAT CATFATCAT

$4.386e-7

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

PurrPURR

$0.115705

24h: -0.75%
Market cap: $68.81M
Volume 24h: $1.52M
Volatility (ann.): 222%

FATCAT 0.5%Share of the two combined market caps99.5% PURR

Performance

FATCATPURR

7 days+2296.63%+16.19%FATCAT
30 days+2453.72%+8.42%FATCAT

Correlation

-0.34over 24 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	FATCAT	PURR
Max drawdown (400d)	-7.7%	-43.9%
Risk-adjusted return (90d)	1.31	0.10

Relative strength over 90 days: FATCAT outperformed PURR by 2445.9% — measured on the FATCAT/PURR ratio, so it holds regardless of market direction.

FAT CAT →Purr →