Giggle Cat vs Popcat

Popcat (POPCAT) is 169.5× the size of Giggle Cat (GICAT) by market capitalisation. Over the past 30 days, POPCAT is ahead by 2.4 percentage points (GICAT -18.1% against POPCAT -15.8%). Their daily returns move barely together (correlation 0.22 across 20 shared trading days). POPCAT has been the more volatile of the two, at 102% annualised against GICAT's 35%.

Correlation: 0.22
Size ratio: 1 : 169.5
Ahead over 30 days: POPCAT

Giggle CatGICAT

$0.002284

24h: +4.10%
Market cap: $228,399
Volume 24h: $40
Volatility (ann.): 35%

PopcatPOPCAT

$0.039501

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

GICAT 0.6%Share of the two combined market caps99.4% POPCAT

Performance

GICATPOPCAT

7 days-10.42%-8.15%POPCAT
30 days-18.15%-15.77%POPCAT

Correlation

0.22over 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	GICAT	POPCAT
Max drawdown (400d)	-19.8%	-35.5%
Risk-adjusted return (90d)	-0.52	-0.13

Relative strength over 90 days: GICAT outperformed POPCAT by 2.9% — measured on the GICAT/POPCAT ratio, so it holds regardless of market direction.

Giggle Cat →Popcat →