hop cat vs Anonymous Cat

Anonymous Cat (ZCAT) is 1765.4× the size of hop cat (HOP) by market capitalisation. Over the past 30 days, HOP is ahead by 6.5 percentage points (HOP -36.9% against ZCAT -43.4%). Their daily returns move barely together (correlation 0.07 across 26 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against HOP's 49%.

Correlation: 0.07
Size ratio: 1 : 1765.4
Ahead over 30 days: HOP

hop catHOP

$1.367e-5

24h: +5.03%
Market cap: $13,659
Volume 24h: $393
Volatility (ann.): 49%

Anonymous CatZCAT

$0.024963

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

HOP 0.1%Share of the two combined market caps99.9% ZCAT

Performance

HOPZCAT

7 days-21.99%-47.53%HOP
30 days-36.91%-43.37%HOP

Correlation

0.07over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0790d: 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	HOP	ZCAT
Max drawdown (400d)	-36.9%	-67.3%
Risk-adjusted return (90d)	-0.75	-0.20

Relative strength over 90 days: ZCAT outperformed HOP by 14.1% — measured on the HOP/ZCAT ratio, so it holds regardless of market direction.

hop cat →Anonymous Cat →