Loaf Token vs Purr

Purr (PURR) is 37.2× the size of Loaf Token (LOAF) by market capitalisation. Over the past 30 days, PURR is ahead by 8.9 percentage points (LOAF -10.2% against PURR -1.3%). Their daily returns move loosely together (correlation 0.51 across 32 shared trading days). PURR has been the more volatile of the two, at 223% annualised against LOAF's 94%.

Correlation: 0.51
Size ratio: 1 : 37.2
Ahead over 30 days: PURR

Loaf TokenLOAF

$0.003655

24h: +0.59%
Market cap: $1.83M
Volume 24h: $234
Volatility (ann.): 94%

PurrPURR

$0.114291

24h: -0.33%
Market cap: $67.96M
Volume 24h: $2.09M
Volatility (ann.): 223%

LOAF 2.6%Share of the two combined market caps97.4% PURR

Performance

LOAFPURR

7 days-6.22%+4.50%PURR
30 days-10.19%-1.26%PURR

Correlation

0.51over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5390d: 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	LOAF	PURR
Max drawdown (400d)	-28.6%	-43.9%
Risk-adjusted return (90d)	-0.17	0.07

Relative strength over 90 days: PURR outperformed LOAF by 10.9% — measured on the LOAF/PURR ratio, so it holds regardless of market direction.

Loaf Token →Purr →