LOAFCAT vs Popcat

Popcat (POPCAT) is 413.6× the size of LOAFCAT (LOAFCAT) by market capitalisation. Over the past 30 days, POPCAT is ahead by 20.7 percentage points (LOAFCAT -36.5% against POPCAT -15.8%). Their daily returns move barely together (correlation 0.17 across 20 shared trading days). POPCAT has been the more volatile of the two, at 102% annualised against LOAFCAT's 59%.

Correlation: 0.17
Size ratio: 1 : 413.6
Ahead over 30 days: POPCAT

LOAFCATLOAFCAT

$9.413e-7

24h: +2.46%
Market cap: $94,129
Volume 24h: $19
Volatility (ann.): 59%

PopcatPOPCAT

$0.039724

24h: +0.02%
Market cap: $38.93M
Volume 24h: $3.76M
Volatility (ann.): 102%

LOAFCAT 0.2%Share of the two combined market caps99.8% POPCAT

Performance

LOAFCATPOPCAT

7 days-8.55%-8.15%POPCAT
30 days-36.47%-15.77%POPCAT

Correlation

0.17over 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	LOAFCAT	POPCAT
Max drawdown (400d)	-41.9%	-35.5%
Risk-adjusted return (90d)	-0.67	-0.13

Relative strength over 90 days: LOAFCAT outperformed POPCAT by 0.9% — measured on the LOAFCAT/POPCAT ratio, so it holds regardless of market direction.

LOAFCAT →Popcat →