Market Cat vs Purr

Purr (PURR) is 9610.8× the size of Market Cat (MARKETCAT) by market capitalisation. Over the past 30 days, PURR is ahead by 35.7 percentage points (MARKETCAT -27.2% against PURR +8.4%). Their daily returns move barely together (correlation 0.27 across 20 shared trading days). PURR has been the more volatile of the two, at 222% annualised against MARKETCAT's 69%.

Correlation: 0.27
Size ratio: 1 : 9610.8
Ahead over 30 days: PURR

Market CatMARKETCAT

$6.410e-6

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

PurrPURR

$0.103617

24h: -13.50%
Market cap: $61.62M
Volume 24h: $1.87M
Volatility (ann.): 222%

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

Performance

MARKETCATPURR

7 days+6.44%+16.19%PURR
30 days-27.23%+8.42%PURR

Correlation

0.27over 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	MARKETCAT	PURR
Max drawdown (400d)	-40.9%	-43.9%
Risk-adjusted return (90d)	-0.49	0.10

Relative strength over 90 days: PURR outperformed MARKETCAT by 23.3% — measured on the MARKETCAT/PURR ratio, so it holds regardless of market direction.

Market Cat →Purr →