momo the cat vs Popcat

Popcat (POPCAT) is 435.1× the size of momo the cat (MOMO) by market capitalisation. Over the past 30 days, POPCAT is ahead by 17.2 percentage points (MOMO -33.0% against POPCAT -15.8%). Their daily returns move barely in opposite directions (correlation -0.05 across 20 shared trading days). POPCAT has been the more volatile of the two, at 102% annualised against MOMO's 73%.

Correlation: -0.05
Size ratio: 1 : 435.1
Ahead over 30 days: POPCAT

momo the catMOMO

$9.280e-5

24h: +3.30%
Market cap: $89,941
Volume 24h: $275
Volatility (ann.): 73%

PopcatPOPCAT

$0.039934

24h: -0.40%
Market cap: $39.13M
Volume 24h: $3.81M
Volatility (ann.): 102%

MOMO 0.2%Share of the two combined market caps99.8% POPCAT

Performance

MOMOPOPCAT

7 days-12.00%-8.15%POPCAT
30 days-33.01%-15.77%POPCAT

Correlation

-0.05over 20 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	MOMO	POPCAT
Max drawdown (400d)	-36.8%	-35.5%
Risk-adjusted return (90d)	-0.43	-0.13

Relative strength over 90 days: POPCAT outperformed MOMO by 3.2% — measured on the MOMO/POPCAT ratio, so it holds regardless of market direction.

momo the cat →Popcat →