Mochi vs Purr

Purr (PURR) is 96.6× the size of Mochi (MOCHI) by market capitalisation. Over the past 30 days, MOCHI is ahead by 165.8 percentage points (MOCHI +164.5% against PURR -1.3%). Their daily returns move loosely in opposite directions (correlation -0.45 across 31 shared trading days). MOCHI has been the more volatile of the two, at 888% annualised against PURR's 223%.

Correlation: -0.45
Size ratio: 1 : 96.6
Ahead over 30 days: MOCHI

MochiMOCHI

$7.069e-7

24h: +0.79%
Market cap: $706,908
Volume 24h: $55,677
Volatility (ann.): 888%

PurrPURR

$0.114149

24h: -0.82%
Market cap: $68.26M
Volume 24h: $2.19M
Volatility (ann.): 223%

MOCHI 1.0%Share of the two combined market caps99.0% PURR

Performance

MOCHIPURR

7 days-20.45%+4.50%PURR
30 days+164.52%-1.26%MOCHI

Correlation

-0.45over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4590d: 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	MOCHI	PURR
Max drawdown (400d)	-41.0%	-43.9%
Risk-adjusted return (90d)	0.14	0.07

Relative strength over 90 days: MOCHI outperformed PURR by 144.4% — measured on the MOCHI/PURR ratio, so it holds regardless of market direction.

Mochi →Purr →