mooncat vs Purr

Purr (PURR) is 378.3× the size of mooncat (MOON) by market capitalisation. Over the past 30 days, PURR is ahead by 90.8 percentage points (MOON -92.1% against PURR -1.3%). Their daily returns move barely together (correlation 0.09 across 30 shared trading days). MOON has been the more volatile of the two, at 457% annualised against PURR's 223%.

Correlation: 0.09
Size ratio: 1 : 378.3
Ahead over 30 days: PURR

mooncatMOON

$0.000179

24h: -9.78%
Market cap: $179,020
Volume 24h: $6,821
Volatility (ann.): 457%

PurrPURR

$0.113890

24h: -1.53%
Market cap: $67.72M
Volume 24h: $1.98M
Volatility (ann.): 223%

MOON 0.3%Share of the two combined market caps99.7% PURR

Performance

MOONPURR

7 days-14.31%+4.50%PURR
30 days-92.07%-1.26%PURR

Correlation

0.09over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0990d: 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	MOON	PURR
Max drawdown (400d)	-96.0%	-43.9%
Risk-adjusted return (90d)	-0.20	0.07

Relative strength over 90 days: PURR outperformed MOON by 92.9% — measured on the MOON/PURR ratio, so it holds regardless of market direction.

mooncat →Purr →