Kira the Injective Cat vs Purr

Purr (PURR) is 275.9× the size of Kira the Injective Cat (KIRA) by market capitalisation. Over the past 30 days, KIRA is ahead by 65.9 percentage points (KIRA +54.6% against PURR -11.3%). Their daily returns move barely together (correlation 0.13 across 20 shared trading days). KIRA has been the more volatile of the two, at 287% annualised against PURR's 223%.

Correlation: 0.13
Size ratio: 1 : 275.9
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%

PurrPURR

$0.101087

24h: -13.98%
Market cap: $60.11M
Volume 24h: $2.35M
Volatility (ann.): 223%

KIRA 0.4%Share of the two combined market caps99.6% PURR

Performance

KIRAPURR

7 days-16.14%-17.96%KIRA
30 days+54.63%-11.29%KIRA

Correlation

0.13over 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	KIRA	PURR
Max drawdown (400d)	-34.8%	-43.9%
Risk-adjusted return (90d)	0.19	0.01

Relative strength over 90 days: KIRA outperformed PURR by 39.6% — measured on the KIRA/PURR ratio, so it holds regardless of market direction.

Kira the Injective Cat →Purr →