Kira the Injective Cat vs Popcat

Popcat (POPCAT) is 169.5× the size of Kira the Injective Cat (KIRA) by market capitalisation. Over the past 30 days, KIRA is ahead by 78.1 percentage points (KIRA +54.6% against POPCAT -23.5%). Their daily returns move barely together (correlation 0.07 across 21 shared trading days). KIRA has been the more volatile of the two, at 287% annualised against POPCAT's 104%.

Correlation: 0.07
Size ratio: 1 : 169.5
Ahead over 30 days: KIRA

Kira the Injective CatKIRA

$3.160e-6

24h: +2.06%
Market cap: $217,894
Volume 24h: $33
Volatility (ann.): 287%

PopcatPOPCAT

$0.037665

24h: -6.18%
Market cap: $36.93M
Volume 24h: $5.08M
Volatility (ann.): 104%

KIRA 0.6%Share of the two combined market caps99.4% POPCAT

Performance

KIRAPOPCAT

7 days-16.14%-7.69%POPCAT
30 days+54.63%-23.46%KIRA

Correlation

0.07over 21 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	KIRA	POPCAT
Max drawdown (400d)	-34.8%	-39.5%
Risk-adjusted return (90d)	0.19	-0.21

Relative strength over 90 days: KIRA outperformed POPCAT by 73.7% — measured on the KIRA/POPCAT ratio, so it holds regardless of market direction.

Kira the Injective Cat →Popcat →