Grrr vs Popcat

Popcat (POPCAT) is 214.3× the size of Grrr (GRRR) by market capitalisation. Over the past 30 days, GRRR is ahead by 0.4 percentage points (GRRR -15.4% against POPCAT -15.8%). Their daily returns move barely together (correlation 0.16 across 20 shared trading days). GRRR has been the more volatile of the two, at 278% annualised against POPCAT's 102%.

Correlation: 0.16
Size ratio: 1 : 214.3
Ahead over 30 days: GRRR

GrrrGRRR

$0.000182

24h: +11.81%
Market cap: $181,696
Volume 24h: $2,360
Volatility (ann.): 278%

PopcatPOPCAT

$0.039724

24h: +0.02%
Market cap: $38.93M
Volume 24h: $3.76M
Volatility (ann.): 102%

GRRR 0.5%Share of the two combined market caps99.5% POPCAT

Performance

GRRRPOPCAT

7 days-38.25%-8.15%POPCAT
30 days-15.40%-15.77%GRRR

Correlation

0.16over 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	GRRR	POPCAT
Max drawdown (400d)	-42.5%	-35.5%
Risk-adjusted return (90d)	-0.06	-0.13

Relative strength over 90 days: GRRR outperformed POPCAT by 15.7% — measured on the GRRR/POPCAT ratio, so it holds regardless of market direction.

Grrr →Popcat →