FatCat vs Anonymous Cat

Anonymous Cat (ZCAT) is 55.5× the size of FatCat (FATCAT) by market capitalisation. Over the past 30 days, FATCAT is ahead by 29.5 percentage points (FATCAT -14.7% against ZCAT -44.2%). Their daily returns move barely together (correlation 0.24 across 31 shared trading days). ZCAT has been the more volatile of the two, at 294% annualised against FATCAT's 68%.

Correlation: 0.24
Size ratio: 1 : 55.5
Ahead over 30 days: FATCAT

FatCatFATCAT

$0.000435

24h: -4.01%
Market cap: $434,127
Volume 24h: $695
Volatility (ann.): 68%

Anonymous CatZCAT

$0.024950

24h: -1.06%
Market cap: $24.10M
Volume 24h: $2.43M
Volatility (ann.): 294%

FATCAT 1.8%Share of the two combined market caps98.2% ZCAT

Performance

FATCATZCAT

7 days-6.86%-47.18%FATCAT
30 days-14.70%-44.24%FATCAT

Correlation

0.24over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2490d: 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	ZCAT
Max drawdown (400d)	-23.2%	-66.4%
Risk-adjusted return (90d)	-0.22	-0.19

Relative strength over 90 days: FATCAT outperformed ZCAT by 5.6% — measured on the FATCAT/ZCAT ratio, so it holds regardless of market direction.

FatCat →Anonymous Cat →