Giggle Cat vs Purr

Purr (PURR) is 300.3× the size of Giggle Cat (GICAT) by market capitalisation. Over the past 30 days, PURR is ahead by 26.6 percentage points (GICAT -18.1% against PURR +8.4%). Their daily returns move barely together (correlation 0.01 across 21 shared trading days). PURR has been the more volatile of the two, at 222% annualised against GICAT's 35%.

Correlation: 0.01
Size ratio: 1 : 300.3
Ahead over 30 days: PURR

Giggle CatGICAT

$0.002284

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

PurrPURR

$0.115332

24h: +0.85%
Market cap: $68.58M
Volume 24h: $1.38M
Volatility (ann.): 222%

GICAT 0.3%Share of the two combined market caps99.7% PURR

Performance

GICATPURR

7 days-10.42%+16.19%PURR
30 days-18.15%+8.42%PURR

Correlation

0.01over 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	GICAT	PURR
Max drawdown (400d)	-19.8%	-43.9%
Risk-adjusted return (90d)	-0.52	0.10

Relative strength over 90 days: PURR outperformed GICAT by 22.1% — measured on the GICAT/PURR ratio, so it holds regardless of market direction.

Giggle Cat →Purr →