Roaring Kitty vs Popcat

Popcat (POPCAT) is 39.5× the size of Roaring Kitty (ROAR) by market capitalisation. Over the past 30 days, POPCAT is ahead by 22.7 percentage points (ROAR -39.5% against POPCAT -16.8%). Their daily returns move barely together (correlation 0.20 across 32 shared trading days). ROAR has been the more volatile of the two, at 137% annualised against POPCAT's 103%.

Correlation: 0.20
Size ratio: 1 : 39.5
Ahead over 30 days: POPCAT

Roaring KittyROAR

$0.001020

24h: -0.76%
Market cap: $1.02M
Volume 24h: $272,735
Volatility (ann.): 137%

PopcatPOPCAT

$0.041158

24h: +2.75%
Market cap: $40.33M
Volume 24h: $3.89M
Volatility (ann.): 103%

ROAR 2.5%Share of the two combined market caps97.5% POPCAT

Performance

ROARPOPCAT

7 days-14.00%-8.88%POPCAT
30 days-39.53%-16.79%POPCAT

Correlation

0.20over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2190d: 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	ROAR	POPCAT
Max drawdown (400d)	-48.9%	-35.5%
Risk-adjusted return (90d)	-0.32	-0.13

Relative strength over 90 days: POPCAT outperformed ROAR by 26.5% — measured on the ROAR/POPCAT ratio, so it holds regardless of market direction.

Roaring Kitty →Popcat →