Purr vs Cash Cat

Cash Cat (CASHCAT) is 1.5× the size of Purr (PURR) by market capitalisation. Over the past 30 days, PURR is ahead by 45.1 percentage points (PURR +8.4% against CASHCAT -36.7%). Their daily returns move barely together (correlation 0.10 across 54 shared trading days). CASHCAT has been the more volatile of the two, at 261% annualised against PURR's 222%.

Correlation: 0.10
Size ratio: 1 : 1.5
Ahead over 30 days: PURR

PurrPURR

$0.117885

24h: +7.86%
Market cap: $70.10M
Volume 24h: $1.85M
Volatility (ann.): 222%

Cash CatCASHCAT

$0.109855

24h: +6.47%
Market cap: $108.47M
Volume 24h: $16.86M
Volatility (ann.): 261%

PURR 39.3%Share of the two combined market caps60.7% CASHCAT

Performance

PURRCASHCAT

7 days+16.19%+3.53%PURR
30 days+8.42%-36.68%PURR

Correlation

0.10over 54 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4090d: 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	PURR	CASHCAT
Max drawdown (400d)	-43.9%	-69.6%
Risk-adjusted return (90d)	0.10	-0.03

Relative strength over 90 days: PURR outperformed CASHCAT by 15.1% — measured on the PURR/CASHCAT ratio, so it holds regardless of market direction.

Purr →Cash Cat →