Glory Cat vs Popcat

Popcat (POPCAT) is 732.1× the size of Glory Cat (GCAT) by market capitalisation. Over the past 30 days, GCAT is ahead by 4.4 percentage points (GCAT -11.3% against POPCAT -15.8%). Their daily returns move barely in opposite directions (correlation -0.03 across 20 shared trading days). POPCAT has been the more volatile of the two, at 102% annualised against GCAT's 36%.

Correlation: -0.03
Size ratio: 1 : 732.1
Ahead over 30 days: GCAT

Glory CatGCAT

$4.659e-7

24h: +2.95%
Market cap: $49,689
Volume 24h: $17
Volatility (ann.): 36%

PopcatPOPCAT

$0.037192

24h: -7.05%
Market cap: $36.38M
Volume 24h: $4.49M
Volatility (ann.): 102%

GCAT 0.1%Share of the two combined market caps99.9% POPCAT

Performance

GCATPOPCAT

7 days-4.87%-8.15%GCAT
30 days-11.35%-15.77%GCAT

Correlation

-0.03over 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	GCAT	POPCAT
Max drawdown (400d)	-17.6%	-35.5%
Risk-adjusted return (90d)	-0.38	-0.13

Relative strength over 90 days: GCAT outperformed POPCAT by 13.5% — measured on the GCAT/POPCAT ratio, so it holds regardless of market direction.

Glory Cat →Popcat →