michi [OLD] vs Anonymous Cat

Anonymous Cat (ZCAT) is 79.9× the size of michi [OLD] ($MICHI) by market capitalisation. Over the past 30 days, $MICHI is ahead by 18.8 percentage points ($MICHI -24.5% against ZCAT -43.4%). Their daily returns move loosely together (correlation 0.37 across 35 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against $MICHI's 50%.

Correlation: 0.37
Size ratio: 1 : 79.9
Ahead over 30 days: $MICHI

michi [OLD]$MICHI

$0.000571

24h: +4.34%
Market cap: $317,077
Volume 24h: $1,139
Volatility (ann.): 50%

Anonymous CatZCAT

$0.026212

24h: +10.39%
Market cap: $25.32M
Volume 24h: $1.80M
Volatility (ann.): 290%

$MICHI 1.2%Share of the two combined market caps98.8% ZCAT

Performance

$MICHIZCAT

7 days-8.80%-47.53%$MICHI
30 days-24.53%-43.37%$MICHI

Correlation

0.37over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4490d: 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	$MICHI	ZCAT
Max drawdown (400d)	-28.1%	-67.3%
Risk-adjusted return (90d)	-0.49	-0.20

Relative strength over 90 days: $MICHI outperformed ZCAT by 36.9% — measured on the $MICHI/ZCAT ratio, so it holds regardless of market direction.

michi [OLD] →Anonymous Cat →