Low Quality Cat vs Anonymous Cat

Anonymous Cat (ZCAT) is 76.4× the size of Low Quality Cat (LQC) by market capitalisation. Over the past 30 days, ZCAT is ahead by 2.1 percentage points (LQC -63.6% against ZCAT -61.5%). Their daily returns move barely together (correlation 0.18 across 35 shared trading days). ZCAT has been the more volatile of the two, at 287% annualised against LQC's 183%.

Correlation: 0.18
Size ratio: 1 : 76.4
Ahead over 30 days: ZCAT

Low Quality CatLQC

$0.000510

24h: —
Market cap: $254,061
Volume 24h: $49
Volatility (ann.): 183%

Anonymous CatZCAT

$0.020109

24h: -25.13%
Market cap: $19.42M
Volume 24h: $2.40M
Volatility (ann.): 287%

LQC 1.3%Share of the two combined market caps98.7% ZCAT

Performance

LQCZCAT

7 days-21.28%-34.84%LQC
30 days-63.59%-61.47%ZCAT

Correlation

0.18over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5190d: 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	LQC	ZCAT
Max drawdown (400d)	-64.2%	-69.4%
Risk-adjusted return (90d)	-0.25	-0.21

Relative strength over 90 days: LQC outperformed ZCAT by 4.8% — measured on the LQC/ZCAT ratio, so it holds regardless of market direction.

Low Quality Cat →Anonymous Cat →