pow vs Anonymous Cat

Anonymous Cat (ZCAT) is 3238.9× the size of pow (POW) by market capitalisation. Over the past 30 days, POW is ahead by 13.2 percentage points (POW -30.2% against ZCAT -43.4%). Their daily returns move barely together (correlation 0.32 across 29 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against POW's 53%.

Correlation: 0.32
Size ratio: 1 : 3238.9
Ahead over 30 days: POW

powPOW

$7.450e-6

24h: -0.56%
Market cap: $7,445
Volume 24h: $3
Volatility (ann.): 53%

Anonymous CatZCAT

$0.024963

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

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

Performance

POWZCAT

7 days-3.92%-47.53%POW
30 days-30.16%-43.37%POW

Correlation

0.32over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3290d: 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	POW	ZCAT
Max drawdown (400d)	-30.2%	-67.3%
Risk-adjusted return (90d)	-0.56	-0.20

Relative strength over 90 days: POW outperformed ZCAT by 27.0% — measured on the POW/ZCAT ratio, so it holds regardless of market direction.

pow →Anonymous Cat →