Nya vs Purr

Purr (PURR) is 39.3× the size of Nya (NYA) by market capitalisation. Over the past 30 days, PURR is ahead by 2.3 percentage points (NYA -3.6% against PURR -1.3%). Their daily returns move loosely together (correlation 0.50 across 33 shared trading days). PURR has been the more volatile of the two, at 223% annualised against NYA's 86%.

Correlation: 0.50
Size ratio: 1 : 39.3
Ahead over 30 days: PURR

NyaNYA

$4.719e-8

24h: +0.43%
Market cap: $1.74M
Volume 24h: $2,486
Volatility (ann.): 86%

PurrPURR

$0.114149

24h: -0.82%
Market cap: $68.26M
Volume 24h: $2.19M
Volatility (ann.): 223%

NYA 2.5%Share of the two combined market caps97.5% PURR

Performance

NYAPURR

7 days-2.47%+4.50%PURR
30 days-3.60%-1.26%PURR

Correlation

0.50over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5190d: 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	NYA	PURR
Max drawdown (400d)	-21.8%	-43.9%
Risk-adjusted return (90d)	-0.04	0.07

Relative strength over 90 days: NYA outperformed PURR by 2.1% — measured on the NYA/PURR ratio, so it holds regardless of market direction.

Nya →Purr →