Glory Cat vs Purr

Purr (PURR) is 1217.8× the size of Glory Cat (GCAT) by market capitalisation. Over the past 30 days, PURR is ahead by 19.8 percentage points (GCAT -11.3% against PURR +8.4%). Their daily returns move barely in opposite directions (correlation -0.02 across 21 shared trading days). PURR has been the more volatile of the two, at 222% annualised against GCAT's 36%.

Correlation: -0.02
Size ratio: 1 : 1217.8
Ahead over 30 days: PURR

Glory CatGCAT

$4.659e-7

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

PurrPURR

$0.101759

24h: -13.11%
Market cap: $60.51M
Volume 24h: $2.02M
Volatility (ann.): 222%

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

Performance

GCATPURR

7 days-4.87%+16.19%PURR
30 days-11.35%+8.42%PURR

Correlation

-0.02over 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	GCAT	PURR
Max drawdown (400d)	-17.6%	-43.9%
Risk-adjusted return (90d)	-0.38	0.10

Relative strength over 90 days: PURR outperformed GCAT by 14.8% — measured on the GCAT/PURR ratio, so it holds regardless of market direction.

Glory Cat →Purr →