Ink Cat vs Anonymous Cat

Anonymous Cat (ZCAT) is 442.1× the size of Ink Cat (ICAT) by market capitalisation. Over the past 30 days, ICAT is ahead by 15.7 percentage points (ICAT -27.7% against ZCAT -43.4%). Their daily returns move barely in opposite directions (correlation -0.24 across 35 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against ICAT's 194%.

Correlation: -0.24
Size ratio: 1 : 442.1
Ahead over 30 days: ICAT

Ink CatICAT

$5.501e-5

24h: -4.54%
Market cap: $55,006
Volume 24h: $716
Volatility (ann.): 194%

Anonymous CatZCAT

$0.025174

24h: -0.54%
Market cap: $24.32M
Volume 24h: $1.68M
Volatility (ann.): 290%

ICAT 0.2%Share of the two combined market caps99.8% ZCAT

Performance

ICATZCAT

7 days-2.92%-47.53%ICAT
30 days-27.70%-43.37%ICAT

Correlation

-0.24over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3590d: 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	ICAT	ZCAT
Max drawdown (400d)	-56.3%	-67.3%
Risk-adjusted return (90d)	-0.23	-0.20

Relative strength over 90 days: ICAT outperformed ZCAT by 0.7% — measured on the ICAT/ZCAT ratio, so it holds regardless of market direction.

Ink Cat →Anonymous Cat →