MOTION vs Purr

Purr (PURR) is 135.5× the size of MOTION (MOTION) by market capitalisation. Over the past 30 days, PURR is ahead by 55.1 percentage points (MOTION -56.3% against PURR -1.3%). Their daily returns move barely in opposite directions (correlation -0.07 across 31 shared trading days). MOTION has been the more volatile of the two, at 111735% annualised against PURR's 223%.

Correlation: -0.07
Size ratio: 1 : 135.5
Ahead over 30 days: PURR

MOTIONMOTION

$0.000517

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

PurrPURR

$0.117852

24h: +5.32%
Market cap: $70.08M
Volume 24h: $2.09M
Volatility (ann.): 223%

MOTION 0.7%Share of the two combined market caps99.3% PURR

Performance

MOTIONPURR

7 days-26.35%+4.50%PURR
30 days-56.34%-1.26%PURR

Correlation

-0.07over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0790d: 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	PURR
Max drawdown (400d)	-99.9%	-43.9%
Risk-adjusted return (90d)	0.00	0.07

Relative strength over 90 days: PURR outperformed MOTION by 78.9% — measured on the MOTION/PURR ratio, so it holds regardless of market direction.

MOTION →Purr →