Pepito vs Anonymous Cat

Anonymous Cat (ZCAT) is 2089.5× the size of Pepito (PEPITO) by market capitalisation. Over the past 30 days, PEPITO is ahead by 13.6 percentage points (PEPITO -29.7% against ZCAT -43.4%). Their daily returns move barely together (correlation 0.01 across 30 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against PEPITO's 62%.

Correlation: 0.01
Size ratio: 1 : 2089.5
Ahead over 30 days: PEPITO

PepitoPEPITO

$1.155e-5

24h: -1.24%
Market cap: $11,541
Volume 24h: $8
Volatility (ann.): 62%

Anonymous CatZCAT

$0.024963

24h: -3.73%
Market cap: $24.11M
Volume 24h: $1.64M
Volatility (ann.): 290%

PEPITO 0.0%Share of the two combined market caps100.0% ZCAT

Performance

PEPITOZCAT

7 days-11.40%-47.53%PEPITO
30 days-29.74%-43.37%PEPITO

Correlation

0.01over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0190d: 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	PEPITO	ZCAT
Max drawdown (400d)	-31.6%	-67.3%
Risk-adjusted return (90d)	-0.48	-0.20

Relative strength over 90 days: PEPITO outperformed ZCAT by 27.8% — measured on the PEPITO/ZCAT ratio, so it holds regardless of market direction.

Pepito →Anonymous Cat →