Mittens vs Anonymous Cat

Anonymous Cat (ZCAT) is 154.8× the size of Mittens (MITTENS) by market capitalisation. Over the past 30 days, ZCAT is ahead by 0.4 percentage points (MITTENS -43.8% against ZCAT -43.4%). Their daily returns move barely together (correlation 0.04 across 32 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against MITTENS's 110%.

Correlation: 0.04
Size ratio: 1 : 154.8
Ahead over 30 days: ZCAT

MittensMITTENS

$0.000156

24h: +1.82%
Market cap: $155,808
Volume 24h: $1,782
Volatility (ann.): 110%

Anonymous CatZCAT

$0.024963

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

MITTENS 0.6%Share of the two combined market caps99.4% ZCAT

Performance

MITTENSZCAT

7 days-11.54%-47.53%MITTENS
30 days-43.78%-43.37%ZCAT

Correlation

0.04over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0890d: 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	MITTENS	ZCAT
Max drawdown (400d)	-51.8%	-67.3%
Risk-adjusted return (90d)	-0.47	-0.20

Relative strength over 90 days: ZCAT outperformed MITTENS by 11.5% — measured on the MITTENS/ZCAT ratio, so it holds regardless of market direction.

Mittens →Anonymous Cat →