MOTION vs Popcat

Popcat (POPCAT) is 75.9× the size of MOTION (MOTION) by market capitalisation. Over the past 30 days, POPCAT is ahead by 39.5 percentage points (MOTION -56.3% against POPCAT -16.8%). Their daily returns move barely in opposite directions (correlation -0.12 across 32 shared trading days). MOTION has been the more volatile of the two, at 111735% annualised against POPCAT's 103%.

Correlation: -0.12
Size ratio: 1 : 75.9
Ahead over 30 days: POPCAT

MOTIONMOTION

$0.000517

24h: —
Market cap: $517,351
Volume 24h: $29
Volatility (ann.): 111735%

PopcatPOPCAT

$0.040082

24h: +0.77%
Market cap: $39.28M
Volume 24h: $4.01M
Volatility (ann.): 103%

MOTION 1.3%Share of the two combined market caps98.7% POPCAT

Performance

MOTIONPOPCAT

7 days-26.35%-8.88%POPCAT
30 days-56.34%-16.79%POPCAT

Correlation

-0.12over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1290d: 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	MOTION	POPCAT
Max drawdown (400d)	-99.9%	-35.5%
Risk-adjusted return (90d)	0.00	-0.13

Relative strength over 90 days: POPCAT outperformed MOTION by 73.3% — measured on the MOTION/POPCAT ratio, so it holds regardless of market direction.

MOTION →Popcat →