Just Elizabeth Cat vs Popcat

Popcat (POPCAT) is 1292.8× the size of Just Elizabeth Cat (ELIZABETH) by market capitalisation. Over the past 30 days, POPCAT is ahead by 7.2 percentage points (ELIZABETH -23.0% against POPCAT -15.8%). Their daily returns move barely together (correlation 0.11 across 20 shared trading days). POPCAT has been the more volatile of the two, at 102% annualised against ELIZABETH's 86%.

Correlation: 0.11
Size ratio: 1 : 1292.8
Ahead over 30 days: POPCAT

Just Elizabeth CatELIZABETH

$3.987e-5

24h: +8.65%
Market cap: $28,109
Volume 24h: $30,979
Volatility (ann.): 86%

PopcatPOPCAT

$0.037083

24h: -7.45%
Market cap: $36.34M
Volume 24h: $4.49M
Volatility (ann.): 102%

ELIZABETH 0.1%Share of the two combined market caps99.9% POPCAT

Performance

ELIZABETHPOPCAT

7 days+4.88%-8.15%ELIZABETH
30 days-23.01%-15.77%POPCAT

Correlation

0.11over 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	ELIZABETH	POPCAT
Max drawdown (400d)	-36.1%	-35.5%
Risk-adjusted return (90d)	-0.24	-0.13

Relative strength over 90 days: ELIZABETH outperformed POPCAT by 1.0% — measured on the ELIZABETH/POPCAT ratio, so it holds regardless of market direction.

Just Elizabeth Cat →Popcat →