Nobiko Coin vs Anonymous Cat

Anonymous Cat (ZCAT) is 115.1× the size of Nobiko Coin (LONG) by market capitalisation. Over the past 30 days, LONG is ahead by 12.2 percentage points (LONG -31.2% against ZCAT -43.4%). Their daily returns move barely together (correlation 0.08 across 34 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against LONG's 67%.

Correlation: 0.08
Size ratio: 1 : 115.1
Ahead over 30 days: LONG

Nobiko CoinLONG

$0.000220

24h: +4.10%
Market cap: $220,088
Volume 24h: $64
Volatility (ann.): 67%

Anonymous CatZCAT

$0.026212

24h: +10.39%
Market cap: $25.32M
Volume 24h: $1.80M
Volatility (ann.): 290%

LONG 0.9%Share of the two combined market caps99.1% ZCAT

Performance

LONGZCAT

7 days-7.23%-47.53%LONG
30 days-31.16%-43.37%LONG

Correlation

0.08over 34 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	LONG	ZCAT
Max drawdown (400d)	-39.6%	-67.3%
Risk-adjusted return (90d)	-0.54	-0.20

Relative strength over 90 days: LONG outperformed ZCAT by 16.8% — measured on the LONG/ZCAT ratio, so it holds regardless of market direction.

Nobiko Coin →Anonymous Cat →