happi cat vs Anonymous Cat

Anonymous Cat (ZCAT) is 2084.9× the size of happi cat (HAPPI) by market capitalisation. Over the past 30 days, HAPPI is ahead by 11.0 percentage points (HAPPI -32.4% against ZCAT -43.4%). Their daily returns move barely together (correlation 0.10 across 26 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against HAPPI's 53%.

Correlation: 0.10
Size ratio: 1 : 2084.9
Ahead over 30 days: HAPPI

happi catHAPPI

$1.157e-5

24h: —
Market cap: $11,566
Volume 24h: $2
Volatility (ann.): 53%

Anonymous CatZCAT

$0.024963

24h: -3.73%
Market cap: $24.11M
Volume 24h: $1.64M
Volatility (ann.): 290%

HAPPI 0.0%Share of the two combined market caps100.0% ZCAT

Performance

HAPPIZCAT

7 days-16.82%-47.53%HAPPI
30 days-32.37%-43.37%HAPPI

Correlation

0.10over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1090d: 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	HAPPI	ZCAT
Max drawdown (400d)	-33.5%	-67.3%
Risk-adjusted return (90d)	-0.61	-0.20

Relative strength over 90 days: HAPPI outperformed ZCAT by 23.0% — measured on the HAPPI/ZCAT ratio, so it holds regardless of market direction.

happi cat →Anonymous Cat →