Quantum Cats vs Anonymous Cat

Anonymous Cat (ZCAT) is 378.0× the size of Quantum Cats (QC) by market capitalisation. Over the past 30 days, ZCAT is ahead by 18.8 percentage points (QC -62.2% against ZCAT -43.4%). Their daily returns move barely in opposite directions (correlation -0.30 across 35 shared trading days). ZCAT has been the more volatile of the two, at 290% annualised against QC's 205%.

Correlation: -0.30
Size ratio: 1 : 378.0
Ahead over 30 days: ZCAT

Quantum CatsQC

$6.857e-5

24h: -3.66%
Market cap: $68,572
Volume 24h: $14
Volatility (ann.): 205%

Anonymous CatZCAT

$0.026831

24h: +12.45%
Market cap: $25.92M
Volume 24h: $2.27M
Volatility (ann.): 290%

QC 0.3%Share of the two combined market caps99.7% ZCAT

Performance

QCZCAT

7 days-7.77%-47.53%QC
30 days-62.15%-43.37%ZCAT

Correlation

-0.30over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2590d: 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	QC	ZCAT
Max drawdown (400d)	-78.0%	-67.3%
Risk-adjusted return (90d)	-0.38	-0.20

Relative strength over 90 days: ZCAT outperformed QC by 60.0% — measured on the QC/ZCAT ratio, so it holds regardless of market direction.

Quantum Cats →Anonymous Cat →