Pons Cat vs Anonymous Cat

Anonymous Cat (ZCAT) is 1807.4× the size of Pons Cat (PCAT) by market capitalisation. Over the past 30 days, ZCAT is ahead by 2.4 percentage points (PCAT -45.7% against ZCAT -43.4%). Their daily returns move barely in opposite directions (correlation -0.17 across 34 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against PCAT's 118%.

Correlation: -0.17
Size ratio: 1 : 1807.4
Ahead over 30 days: ZCAT

Pons CatPCAT

$1.334e-5

24h: +6.91%
Market cap: $13,342
Volume 24h: $17
Volatility (ann.): 118%

Anonymous CatZCAT

$0.024963

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

PCAT 0.1%Share of the two combined market caps99.9% ZCAT

Performance

PCATZCAT

7 days-0.47%-47.53%PCAT
30 days-45.74%-43.37%ZCAT

Correlation

-0.17over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2990d: 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	PCAT	ZCAT
Max drawdown (400d)	-55.0%	-67.3%
Risk-adjusted return (90d)	-0.46	-0.20

Relative strength over 90 days: ZCAT outperformed PCAT by 18.1% — measured on the PCAT/ZCAT ratio, so it holds regardless of market direction.

Pons Cat →Anonymous Cat →