Low Quality Cat vs Popcat

Popcat (POPCAT) is 145.4× the size of Low Quality Cat (LQC) by market capitalisation. Over the past 30 days, POPCAT is ahead by 40.1 percentage points (LQC -63.6% against POPCAT -23.5%). Their daily returns move loosely together (correlation 0.50 across 20 shared trading days). LQC has been the more volatile of the two, at 183% annualised against POPCAT's 104%.

Correlation: 0.50
Size ratio: 1 : 145.4
Ahead over 30 days: POPCAT

Low Quality CatLQC

$0.000510

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

PopcatPOPCAT

$0.037720

24h: -5.80%
Market cap: $36.95M
Volume 24h: $5.06M
Volatility (ann.): 104%

LQC 0.7%Share of the two combined market caps99.3% POPCAT

Performance

LQCPOPCAT

7 days-21.28%-7.69%POPCAT
30 days-63.59%-23.46%POPCAT

Correlation

0.50over 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	LQC	POPCAT
Max drawdown (400d)	-64.2%	-39.5%
Risk-adjusted return (90d)	-0.25	-0.21

Relative strength over 90 days: POPCAT outperformed LQC by 29.3% — measured on the LQC/POPCAT ratio, so it holds regardless of market direction.

Low Quality Cat →Popcat →