LongCat vs Anonymous Cat

Anonymous Cat (ZCAT) is 126.7× the size of LongCat (LONGCAT) by market capitalisation. Over the past 30 days, ZCAT is ahead by 36.7 percentage points (LONGCAT -80.1% against ZCAT -43.4%). Their daily returns move loosely in opposite directions (correlation -0.40 across 33 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against LONGCAT's 251%.

Correlation: -0.40
Size ratio: 1 : 126.7
Ahead over 30 days: ZCAT

LongCatLONGCAT

$0.000203

24h: —
Market cap: $202,712
Volume 24h: —
Volatility (ann.): 251%

Anonymous CatZCAT

$0.026584

24h: +8.29%
Market cap: $25.68M
Volume 24h: $1.88M
Volatility (ann.): 290%

LONGCAT 0.8%Share of the two combined market caps99.2% ZCAT

Performance

LONGCATZCAT

7 days+1.52%-47.53%LONGCAT
30 days-80.10%-43.37%ZCAT

Correlation

-0.40over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3290d: 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	LONGCAT	ZCAT
Max drawdown (400d)	-81.2%	-67.3%
Risk-adjusted return (90d)	-0.27	-0.20

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

LongCat →Anonymous Cat →