Quantum Cat vs Purr

Purr (PURR) is 16499.6× the size of Quantum Cat (QCAT) by market capitalisation. Over the past 30 days, PURR is ahead by 70.8 percentage points (QCAT -62.4% against PURR +8.4%). Their daily returns move barely in opposite directions (correlation -0.35 across 21 shared trading days). QCAT has been the more volatile of the two, at 13028% annualised against PURR's 222%.

Correlation: -0.35
Size ratio: 1 : 16499.6
Ahead over 30 days: PURR

Quantum CatQCAT

$4.240e-6

24h: —
Market cap: $4,169
Volume 24h: $20
Volatility (ann.): 13028%

PurrPURR

$0.115662

24h: +0.27%
Market cap: $68.78M
Volume 24h: $1.46M
Volatility (ann.): 222%

QCAT 0.0%Share of the two combined market caps100.0% PURR

Performance

QCATPURR

7 days+76.84%+16.19%QCAT
30 days-62.36%+8.42%PURR

Correlation

-0.35over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	QCAT	PURR
Max drawdown (400d)	-99.7%	-43.9%
Risk-adjusted return (90d)	-0.01	0.10

Relative strength over 90 days: QCAT outperformed PURR by 48.1% — measured on the QCAT/PURR ratio, so it holds regardless of market direction.

Quantum Cat →Purr →