MEOWOOD vs Purr

Purr (PURR) is 2464.6× the size of MEOWOOD (MEOWOOD) by market capitalisation. Over the past 30 days, PURR is ahead by 48.6 percentage points (MEOWOOD -40.1% against PURR +8.4%). Their daily returns move barely together (correlation 0.19 across 21 shared trading days). PURR has been the more volatile of the two, at 222% annualised against MEOWOOD's 150%.

Correlation: 0.19
Size ratio: 1 : 2464.6
Ahead over 30 days: PURR

MEOWOODMEOWOOD

$2.500e-5

24h: +20.91%
Market cap: $25,001
Volume 24h: $730
Volatility (ann.): 150%

PurrPURR

$0.103617

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

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

Performance

MEOWOODPURR

7 days+12.02%+16.19%PURR
30 days-40.15%+8.42%PURR

Correlation

0.19over 21 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	MEOWOOD	PURR
Max drawdown (400d)	-54.1%	-43.9%
Risk-adjusted return (90d)	-0.28	0.10

Relative strength over 90 days: PURR outperformed MEOWOOD by 1.4% — measured on the MEOWOOD/PURR ratio, so it holds regardless of market direction.

MEOWOOD →Purr →