Pajamas Cat vs Anonymous Cat

Anonymous Cat (ZCAT) is 155.7× the size of Pajamas Cat (PAJAMAS) by market capitalisation. Over the past 30 days, PAJAMAS is ahead by 57.1 percentage points (PAJAMAS +13.7% against ZCAT -43.4%). Their daily returns move barely in opposite directions (correlation -0.10 across 35 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against PAJAMAS's 108%.

Correlation: -0.10
Size ratio: 1 : 155.7
Ahead over 30 days: PAJAMAS

Pajamas CatPAJAMAS

$0.000161

24h: -2.05%
Market cap: $157,511
Volume 24h: $1,500
Volatility (ann.): 108%

Anonymous CatZCAT

$0.025395

24h: +1.74%
Market cap: $24.53M
Volume 24h: $1.67M
Volatility (ann.): 290%

PAJAMAS 0.6%Share of the two combined market caps99.4% ZCAT

Performance

PAJAMASZCAT

7 days+38.03%-47.53%PAJAMAS
30 days+13.73%-43.37%PAJAMAS

Correlation

-0.10over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1090d: 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	PAJAMAS	ZCAT
Max drawdown (400d)	-22.0%	-67.3%
Risk-adjusted return (90d)	0.19	-0.20

Relative strength over 90 days: PAJAMAS outperformed ZCAT by 118.3% — measured on the PAJAMAS/ZCAT ratio, so it holds regardless of market direction.

Pajamas Cat →Anonymous Cat →