Hypercat vs Anonymous Cat

Anonymous Cat (ZCAT) is 2030.7× the size of Hypercat (HYPERCAT) by market capitalisation. Over the past 30 days, ZCAT is ahead by 30.1 percentage points (HYPERCAT -91.6% against ZCAT -61.5%). Their daily returns move barely in opposite directions (correlation -0.21 across 28 shared trading days). HYPERCAT has been the more volatile of the two, at 1443% annualised against ZCAT's 287%.

Correlation: -0.21
Size ratio: 1 : 2030.7
Ahead over 30 days: ZCAT

HypercatHYPERCAT

$9.560e-6

24h: -10.65%
Market cap: $9,562
Volume 24h: $90
Volatility (ann.): 1443%

Anonymous CatZCAT

$0.020109

24h: -25.13%
Market cap: $19.42M
Volume 24h: $2.40M
Volatility (ann.): 287%

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

Performance

HYPERCATZCAT

7 days-86.75%-34.84%ZCAT
30 days-91.57%-61.47%ZCAT

Correlation

-0.21over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2190d: 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	HYPERCAT	ZCAT
Max drawdown (400d)	-97.2%	-69.4%
Risk-adjusted return (90d)	-0.06	-0.21

Relative strength over 90 days: ZCAT outperformed HYPERCAT by 81.6% — measured on the HYPERCAT/ZCAT ratio, so it holds regardless of market direction.

Hypercat →Anonymous Cat →