Market Cat vs Anonymous Cat

Anonymous Cat (ZCAT) is 3761.1× the size of Market Cat (MARKETCAT) by market capitalisation. Over the past 30 days, MARKETCAT is ahead by 16.1 percentage points (MARKETCAT -27.2% against ZCAT -43.4%). Their daily returns move barely together (correlation 0.23 across 34 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against MARKETCAT's 69%.

Correlation: 0.23
Size ratio: 1 : 3761.1
Ahead over 30 days: MARKETCAT

Market CatMARKETCAT

$6.410e-6

24h: —
Market cap: $6,411
Volume 24h: $96
Volatility (ann.): 69%

Anonymous CatZCAT

$0.024963

24h: -3.73%
Market cap: $24.11M
Volume 24h: $1.64M
Volatility (ann.): 290%

MARKETCAT 0.0%Share of the two combined market caps100.0% ZCAT

Performance

MARKETCATZCAT

7 days+6.44%-47.53%MARKETCAT
30 days-27.23%-43.37%MARKETCAT

Correlation

0.23over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1390d: 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	MARKETCAT	ZCAT
Max drawdown (400d)	-40.9%	-67.3%
Risk-adjusted return (90d)	-0.49	-0.20

Relative strength over 90 days: MARKETCAT outperformed ZCAT by 20.7% — measured on the MARKETCAT/ZCAT ratio, so it holds regardless of market direction.

Market Cat →Anonymous Cat →