McCat vs Anonymous Cat

Anonymous Cat (ZCAT) is 2284.6× the size of McCat (MCCAT) by market capitalisation. Over the past 30 days, MCCAT is ahead by 4.7 percentage points (MCCAT -38.7% against ZCAT -43.4%). Their daily returns move barely in opposite directions (correlation -0.22 across 36 shared trading days). Both have run at a similar volatility, around 295% annualised.

Correlation: -0.22
Size ratio: 1 : 2284.6
Ahead over 30 days: MCCAT

McCatMCCAT

$1.056e-5

24h: -8.42%
Market cap: $10,555
Volume 24h: $597
Volatility (ann.): 300%

Anonymous CatZCAT

$0.024963

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

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

Performance

MCCATZCAT

7 days-27.30%-47.53%MCCAT
30 days-38.68%-43.37%MCCAT

Correlation

-0.22over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0490d: 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	MCCAT	ZCAT
Max drawdown (400d)	-75.3%	-67.3%
Risk-adjusted return (90d)	-0.25	-0.20

Relative strength over 90 days: ZCAT outperformed MCCAT by 49.5% — measured on the MCCAT/ZCAT ratio, so it holds regardless of market direction.

McCat →Anonymous Cat →