first reply vs Purr

Purr (PURR) is 1313.9× the size of first reply (SIRIUS) by market capitalisation. Over the past 30 days, PURR is ahead by 31.0 percentage points (SIRIUS -22.6% against PURR +8.4%). Their daily returns move barely together (correlation 0.12 across 21 shared trading days). PURR has been the more volatile of the two, at 222% annualised against SIRIUS's 50%.

Correlation: 0.12
Size ratio: 1 : 1313.9
Ahead over 30 days: PURR

first replySIRIUS

$4.782e-5

24h: —
Market cap: $46,159
Volume 24h: $6
Volatility (ann.): 50%

PurrPURR

$0.101988

24h: -14.99%
Market cap: $60.65M
Volume 24h: $1.76M
Volatility (ann.): 222%

SIRIUS 0.1%Share of the two combined market caps99.9% PURR

Performance

SIRIUSPURR

7 days-6.80%+16.19%PURR
30 days-22.60%+8.42%PURR

Correlation

0.12over 21 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	SIRIUS	PURR
Max drawdown (400d)	-28.7%	-43.9%
Risk-adjusted return (90d)	-0.46	0.10

Relative strength over 90 days: PURR outperformed SIRIUS by 22.9% — measured on the SIRIUS/PURR ratio, so it holds regardless of market direction.

first reply →Purr →